House price growth picks up in July as wages rise
Source: BBC
House price growth picked up in the year to July as wages rose, according to the Nationwide.The mortgage lender said the growth rate rose to 2.1% last month, the fastest pace since December 2022.Some people were feeling more confident about getting a mortgage as their pay packets went up, Nationwide chief economist Robert Gardner said.But relatively high mortgage rates and affordability issues acted as a brake…
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