As Salaries Grow More Than Property Values, Cities Get More Affordable

Stagnant growth in house prices paired with increasing wages is making some of the most expensive cities in the U.K more affordable, according to a report released by Zoopla. Average annual wage growth across the nation reached 3.7% in June, which outstripped house price growth in 12 of the 20 cities the online real estate portal analyzed. The three highest-value markets in the U.K.—London, Cambridge and Oxford—all saw house price growth below the level of wage growth. Read more on the Mansion Global website.

https://www.mansionglobal.com/articles/as-salaries-grow-more-than-property-values-the-priciest-u-k-cities-get-more-affordable-206624