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

Bitcoin Faces Continued Pressure Amid Fed’s Hawkish Stance

Bitcoin traded marginally lower on Monday, reflecting ongoing caution among investors as macroeconomic uncertainties and …