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, 5 August 2017

UK house price growth stable

Stock levels "low"

Annual UK house price growth was broadly stable at +2.9 per cent according to Nationwide. 

The average UK house price increased by +0.3 per cent in the month of July to £211,671.

Although price growth has steadied, Nationwide reported that stock on agents' books was close to 30 year lows. 

The Nationwide index hit its nadir of £147,746 in February 2009.

Since that time the average house price on this index has increased by £63,935 or +43 per cent.