Home price growth in the United Kingdom is out-performing projected figures for 2017. In the country’s 20 largest cities, growth rates are now expected to reach 6-7%, whereas they were previously predicted to come in at only 4%. The larger regional cities outside the southern portion of the country are fairing particularly well. Birmingham now tops the list for the city with the largest growth projection, with a 7.8% increase. Lower unemployment and better mortgage rates are believed to have contributed to this increase.
Key Takeaways:
- Community value progression from corner to corner this is a huge value.
- The UK’s most important metropolises is set to be clear-cut this time for growth.
- Then until time predicted, be in harmony with to an indicator for 2017
“House price growth across the UK’s major cities is set to be stronger this year than previously predicted, according to an index.”