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Purplebricks plc

Wales comes out top for UK house price growth in Q2

The latest data and analysis from Principality Building Society has revealed that Wales had the highest annual rate of house price growth in the four UK nations during the second quarter of 2019.

According to the figures released from the society’s national house price index, average house prices in Wales now stand at £186,360 after rising 4.1%.

While house price growth over the last quarter across Wales has been modest with a marginal increase of 0.1% to £186,360, house prices have risen by 4.1% annually on this time last year. This is the highest annual rate of house price growth in the four UK nations in Q2 of 2019 as England has seen a 0.1% fall in prices, with Scotland and Northern Ireland growing by 0.5% and 3.5% respectively.

Purplebricks Group plc (LON:PURP) engages in estate agency business in the United Kingdom, it provides services relating to the sale of properties.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.