Dec 2015 House Price Infographic
Dec 2015 House Price Infographic indicates house prices are up on average 0.5% in the past month and the average rate of annual house price growth has increased to 6.3%.
House price growth gains pace in the final months of 2015
- House prices are up on average 0.5% in the past month and up 6.3% in the past year
- Transactions are up 6.3% on the same period a year ago
- Improving economic conditions boost confidence and buyer demand
- Supply of new housing remains well below forecasts for household growth
- Chancellor’s emphasis on house building in his Autumn statement is welcomed
- The average house price in London pushes above the £500,000 mark
Click for the full report, for how we calculate our House Price Watch Index click here and for previous reports click here