Average UK House Price
Business News
The average UK House price is now 10 per cent below the peak reached in 2007. Nationwide building society has stated that prices have risen 0.5% in the last month or so. The average cost of a home is now around one hundred and seventy thousand pounds, this is the highest since July 2008. Despite the recession prices are continually rising and this is down to the lack of houses and demand being very high at the moment.
This also goes for rental properties there is a huge demand for rental properties but not enough properties to go round. This is difficult time for the UK.