The latest figures released by Nationwide have shown that life is returning back to the market post-Brexit with annual house price growth edging up to 2.3%, the strongest rate for 18 months.
Robert Gardner, Nationwide’s Chief Economist, said: “UK annual house price growth continued to edge higher in February rising to 2.3%, from 1.9% in January – the strongest rate for 18 months.
“While overall economic growth ground to a halt in the final three months of 2019, labour market conditions remained buoyant and borrowing costs low. The decisive election outcome may have provided a boost to buyer sentiment.”
Purplebricks Group plc (LON:PURP) engages in estate agency business in the United Kingdom, it provides services relating to the sale & lettings of properties.