House Prices Surge and Inflation Targets Achieved: ONS Findings

Wednesday, 19 June 2024, 11:01

The latest report from the Office for National Statistics reveals a 1.1% increase in home prices over the past year, with an average home selling for £281,000 in April. This positive trend in the housing market coincides with inflation hitting its target, indicating stability and potential growth in the economy.
Daily Mail
House Prices Surge and Inflation Targets Achieved: ONS Findings

House Prices Surge

The Office for National Statistics reports a 1.1% increase in home prices over the past year.

Inflation Targets Achieved

In April, the average home sold for £281,000, reflecting a positive trend in the housing market.

Conclusion:

Stability and Growth: The rise in house prices alongside achieving inflation targets suggest a promising outlook for the economy.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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