Home / Market Update / House Prices Increased at The Fastest Pace Since Mid-2016

House Prices Increased at The Fastest Pace Since Mid-2016

Official data revealed today, Wednesday, that British house prices increased in November at the fastest pace since June 2016, as the rise in the housing market due to the Corona pandemic is likely to be near its peak.

The Office for National Statistics said house prices rose 7.6% year-on-year in November, after rising 5.9% in October.

Check Also

EUR/USD Slips as Middle East Tensions and Strong Dollar Keep Pressure on Euro

The Euro weakened against the US Dollar on Wednesday, extending its decline for a second …