The UK housing market has continued to go from strength to strength in 2022, after initially soaring in the Covid pandemic. Buyer demand remains sky high as more Britons look to move up the housing ladder. The latest figures have revealed the price of the average home has now exceeded £250,000 for the first time.
Annual house price growth is strongest countrywide in Wales, where it stands at 11.6 percent.
The South West posted the best results in England, out of any region, ranking at 10.5 percent for annual house price growth.
Real Estate Credit Investments Limited (LON:RECI) is a closed-ended investment company which originates and invests in real estate debt secured by commercial or residential properties in Western Europe, focusing primarily on the United Kingdom, France and Germany.