What a Rollercoaster Ride ...
2021 Housing Market Performance 2021 has been another eventful and action packed year for the housing market! Property prices continued to increase - year end is expected to hit 10%+! The Bank of England held interest rates at an unprecedented low level of 0.1% until 16 December, when they were increased to 0.25%. Average house prices increased by 10.2% over the year by October 2021, down from 12.3% in September 2021, according to the Office of National Statistics. This pe