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📱 NO WAYYY! Annual house price growth RISES to 13.4%!!! That's the highest level since November 2004 🚀
 
According to Nationwide's latest market report: 📋

✅ The average house price has risen to £245,432, up £26,530 over the past 12 months 💰
✅ That's an annual price rise of 13.4% - the highest level since November 2004 đŸ„‡
✅ Average prices up by £2,600 last month - that's 0.7% increase following a 1.7% rise from April to May 📊 
✅ East Midlands is up 12.2%!! ⚡
✅ Mortgage rates remain close to all-time lows 👍
✅ SDLT holiday* and the ‘Race-for-Space’ being the driving factor 🏎 More information here: https://lnkd.in/dCbZdcS đŸ“©
✅ Compounded by: Shortage of supply, low borrowing rates, the swift vaccine roll-out and the 95% Mortgage Guarantee Scheme 🚩 More information here: https://lnkd.in/ddQfqzT đŸ“©
✅ Massive turnaround, 12 months ago demand collapsed (during 1st lockdown) đŸ’„

❌ Despite mortgage repayments being affordable, deposits are still the the major hurdle for most first time buyers đŸ†˜
❌ Outlook for market towards the end of this year is far more uncertain ⚠
❌ If unemployment rises, there is scope for activity to slow sharply 🛑

🔍 DOWNLOAD FULL REPORT HERE!: https://hood.azureedge.net/cavendish/site/3f9c36b8-18ba-4d39-9f5d-814f5577cbae.pdf 

🙋‍♀ How much is your property worth right now? Contact our EXPERT team đŸŠč‍â™€ïžđŸŠž‍♂... We'll let you know 👍

☎📧🗹

#cavendishexperts #houseprices #houseexpert #houseforsale Robert Gardner Nationwide Building Society #housingmarket #property #mortgage #homeowners #mortgages #realestate

Best Lettings Agency Nottingham - Best Estate Agency Nottingham - www.cavendishproperty.co.uk www.cavendishproperty.co.uk/sales/properties www.cavendishproperty.co.uk/rent/properties

Posted 07 July 2021
by Ali Baylav Managing Director Cavendish Residential

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