House prices are increasing at a staggering annual rate
of up to 20.9% in the North West, driven by a high demand for semi-detached
homes, according to the latest data released by e.surv. According to this morning's
figures, the average price of a home in England and Wales stood at £343,658 in
May - up 0.5% on the month and 13.4% on the year, the highest year-on-year
growth since December 2004, and despite England and Wales having been in
various states of lockdown and economic contraction since March 2020. Read more
on the Property Reporter website.
https://www.propertyreporter.co.uk/property/house-price-growth-at-highest-rate-since-2004.html
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