House Prices In The UK Soared

House prices in the UK soared. House prices in the country have reached their peak in the last 14 years.

House prices in the UK recorded the fastest annual rise in the last 14 years after the support announced by Finance Minister Rishi Sunak. House prices in the UK rose by 10.2 percent in March, according to data released by the National Statistics Office. Other surveys reveal that prices have risen with tax cuts and mortgage guarantees. According to reports, when many British citizens started working from home, they preferred to move to houses with gardens that were not in the city. According to ONS, the price of single-family homes increased by 11.7 percent in March compared to the previous year. While London was the city whose prices rose the least in the UK with 3.7 percent, house prices rose 14 percent in the Yorkshire and Humber regions.