Value of Britain’s housing stock soars to nearly £8 TRILLION

Value of Britain’s housing stock soars to nearly £8 TRILLION
 

THE TOTAL value of Britain’s housing stock has risen to nearly £8 trillion, more than four times the size of the nation’s annual economic output, near figures reveal.
Property website Zoopla said Britain’s 28.6 million homes grew in value by nearly £1.4 billion per day during 2015.
They are now worth a combined £7.76 trillion, with the total residential stock rising 7.2 per cent over the last year.
The largest increases were registered in Brentford and West Drayton, once drab and unfashionable suburbs of London now caught up in the capital’s property boom, where homes rose by 24 per cent... read more

 
30 December 2015 in Yorkshire & Humber, Views: 31
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