Luke GrahamLeave a comment
Earlier this month, statistics from the UK’s Nationwide Building Society were discussed in The Guardian. Figures from August indicate the UK has reached an all-time high average house price of £224,123, which follows four months of weaker prices. This has been attributed to pent up demand during an extended lockdown period, as well as government stimulus such as the stamp duty holiday. The last time Nationwide’s average house price increased by this much in a month, a Harvard undergraduate by the name of Mark Zuckerberg was launching a social networking site from his dorm room called TheFacebook (February 2004).