‘Race For Space’ Fuels 10.9 % Surge In UK House Prices

Younger house buyers are just as keen on building a new life in the country as they are to move to the bright lights of a big city as they react to the post-pandemic changes in working patterns and rapidly rising property prices. Prices rose on average by 1.8% in May, after a 2.3% rise in April, according to the figures, pushing the annual rate of increase up from 7.1% a month earlier. As a result, the average price of a house in Britain has hit a high of £242,832, up nearly £24,000 over the past 12 months. Read more on the Guardian website.

https://www.theguardian.com/money/2021/jun/01/race-for-space-fuels-surge-in-uk-property-prices