Pete Wargent blogspot

CEO AllenWargent Property Buyers, & WargentAdvisory (institutional). 6 x finance author.

'Must-read, must-follow, one of the finest property analysts in Australia' - Stephen Koukoulas, ex-Senior Economics Adviser to Prime Minister Gillard.

'One of Australia's brightest financial minds, must-follow for in-depth analysis' - David Scutt, Business Insider.

"I've been investing 40 years yet I still learned new concepts; one of the finest young commentators" - Michael Yardney, Amazon #1 bestseller.

'The most knowledgeable person on Aussie real estate - loads of good data & charts, the most comprehensive analyst I follow in Australia...follow Pete Wargent' - Jonathan Tepper, Variant Perception, 2 x NYT bestseller.

'Superlative work' - Grant Williams, founder RealVision.

Saturday, 29 April 2017

Manchester surge

Manchester leads

Manchester leads the UK housing market, with price growth hitting a 12-year high.

Price growth across the 20 City Index average 6.4 per cent over the year to March 2017, some way faster than the national average. 


Source: Hometrack

Some of the regional cities are now seeing solid price growth, after a rough trot through the recession.

Reported Hometrack:

"Attractive affordability levels, record low mortgage rates and an improving economic outlook are all supporting demand for housing. 

Together with limited availability of stock for sale this is creating scarcity and an upward pressure on house prices."