Election House Price Growth

Average house prices climbed by 1 last month compared to october the highest month on month growth since february.

Election house price growth. After two consecutive months of declines the increase will be seen as welcome news for property owners ahead of next week s general election. Having been proved well and truly wrong it is now expecting rampant house price growth over the next five years. House prices will continue their steady growth in 2020 but let s wait and see about this election.

But it added that property price growth was expected to slow. Uk house price growth will remain subdued next year at between 1 and 3 according to halifax with the market held back by young buyers struggling to afford deposits. House prices were 0 9 higher in november than in october with the average property valued at 229 721 the nationwide said.

The average property cost 240 000 in january according to. Between 2008 and 2019 co op sales began to dip in july of federal election years both midterms and presidential elections leading to a nearly 13 weaker market in september. Before the election treasury was forecasting a brief dip in house prices.