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📢 WHWHOOAA! House prices have soared DOUBLE DIGITS!! 👀➕10.9% in the past year - the highest level since 2014 📢

According to Nationwide's latest market report: 📋

✅ The average house price has risen to £242,832, up £23,930 over the past 12 months 📈
✅ Prices up 1.8% month-on-month, following a 2.3% rise in April 📊
✅ SDLT holiday* and the ‘Race-for-Space’ being the driving factor 🏎 
✅ Compounded by: Shortage of supply, low borrowing rates and the 95% Mortgage Guarantee Scheme* plus the swift vaccine roll-out 💉
✅ Massive turnaround, 12 months ago demand collapsed (during 1st lockdown)

❌ Outlook for market is far more uncertain ⚠
❌ If unemployment rises, there is scope for activity to slow sharply 🛑

🔍 Download Full Report from Nationwide here: https://www.nationwide.co.uk/-/media/MainSite/documents/about/house-price-index/2021/May_2021.pdf 
🔍 SDLT holiday summary here: https://lnkd.in/e3A9K2v
🔍 MGS details here: https://lnkd.in/ddQfqzT
 
🙋‍♀️ 𝗛𝗼𝘄 𝗺𝘂𝗰𝗵 𝘄𝗼𝘂𝗹𝗱 𝗮 𝗯𝘂𝘆𝗲𝗿 𝗽𝗮𝘆 𝗳𝗼𝗿 𝘆𝗼𝘂𝗿 𝗵𝗼𝘂𝘀𝗲 𝗶𝗻 𝘁𝗼𝗱𝗮𝘆'𝘀 𝗺𝗮𝗿𝗸𝗲𝘁❓

Email your property address to us and we'll let you know 👍
📪 sales@cavendishproperty.co.uk 📪

☎📧🗨

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

Cavendish Residential is an Award Winning Estate Agency and Lettings Agency in Nottingham - contact us for more information on buying or selling property - we do rentals too www.cavendishproperty.co.uk/landlords https://cavendishproperty.co.uk/why-us https://cavendishproperty.co.uk/about-us 

Posted 02 June 2021
by Ali Baylav Managing Director Cavendish Residential

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