What has been the UK average house price increase over the last 10 years?
The Nationwide house price index (HPI) has tracked average house prices in the UK for decades and we can now reveal the increase from the past decade.
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Will increasing UK house prices impact housebuilding?
The average UK house price has increased by 37% since 2015 – a climb of £73,300 to £267,200. This is despite the previous Conservative government falling short of their house building target, the COVID-19 pandemic, and the cost of living crisis.
Labour planning reforms kick-start UK housebuilding growth
UK housebuilding firms are optimistic about the future of the industry following Labour planning reforms. After winning the general election in July 2024, Labour immediately set a target of building 1.5 million new homes by the end of their five-year term.
How has the property industry been impacted by climate change?
Property insurance payouts from 2024 are expected to be the highest the industry has faced since 2007, according to Deloitte.
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