{"id":3149,"date":"2017-08-18T15:29:35","date_gmt":"2017-08-18T14:29:35","guid":{"rendered":"https:\/\/www.buyassociation.co.uk\/?p=3149"},"modified":"2023-10-01T14:09:00","modified_gmt":"2023-10-01T13:09:00","slug":"uk-housing-market-proves-resilience-post-brexit-surge-average-home-now-worth-10000-referendum","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/08\/18\/uk-housing-market-proves-resilience-post-brexit-surge-average-home-now-worth-10000-referendum\/","title":{"rendered":"UK Housing Market Proves Its Resilience in Post-Brexit Surge"},"content":{"rendered":"<h2>Average home now worth \u00a310,000 More than before the referendum<\/h2>\n<p>What a difference 12 months can make, particularly to the post-brexit U.K housing market. Despite numerous prophecies of doom from the \u201cexperts\u201d, including former Chancellor George Osborne, who famously predicted a housing crash of 10-18% back in May 2016, UK real estate has shown resilience in the face of uncertainty. Far from crashing, overall house prices in the UK have increased by 4.9% in the year leading up to June 2017, according to recent figures released by the Office of National Statistics (ONS).<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"o7IRUxb3rm\"><p><a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/08\/18\/nationwide-reports-stable-uk-housing-market\/\">Nationwide reports a stable UK housing market<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Nationwide reports a stable UK housing market&#8221; &#8212; BuyAssociation Group\" src=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/08\/18\/nationwide-reports-stable-uk-housing-market\/embed\/#?secret=vxDhsnNGHd#?secret=o7IRUxb3rm\" data-secret=\"o7IRUxb3rm\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>While the annual growth rate has slowed since mid-2016, according to the ONS\u2019s UK House Price Index, growth has remained around 5% throughout 2017. This sustained momentum will be welcome news for home owners who have already invested as well as those evaluating the UK market for future opportunities.<br \/>\nProperty in England was the driving force behind the overall increase where house prices grew by 5.2% year-on-year, with the East of England experiencing the largest growth of 7.2% in the 12 months leading up to June 2017.<\/p>\n<p>Elsewhere in the U.K, Wales saw house prices increase by 3.6% while Scotland saw an increase of 2.9% during the same period.<\/p>\n<p>Sources: <a href=\"https:\/\/www.gov.uk\/government\/statistics\/uk-house-price-index-summary-june-2017\/uk-house-price-index-summary-june-2017\" target=\"_blank\" rel=\"noopener\">Office of National Statistics, UK House Price Index<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Average home now worth \u00a310,000 More than before the referendum What a difference 12 months can make, particularly to the post-brexit U.K housing market. Despite numerous prophecies of doom from the \u201cexperts\u201d, including former Chancellor George Osborne, who famously predicted a housing crash of 10-18% back in May 2016, UK real estate has shown resilience<a class=\"excerpt-read-more\" href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/08\/18\/uk-housing-market-proves-resilience-post-brexit-surge-average-home-now-worth-10000-referendum\/\" title=\"ReadUK Housing Market Proves Its Resilience in Post-Brexit Surge\">&#8230; Read more &raquo;<\/a><\/p>\n","protected":false},"author":2186,"featured_media":5453,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[6],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/3149"}],"collection":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/users\/2186"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/comments?post=3149"}],"version-history":[{"count":1,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/3149\/revisions"}],"predecessor-version":[{"id":6096894,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/3149\/revisions\/6096894"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/media\/5453"}],"wp:attachment":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/media?parent=3149"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/categories?post=3149"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/tags?post=3149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}