On November 2, the same day that the Bank of England raised its
interest rates in over a decade, global property services provider
Savills issued a report predicting continued increases in property
values across the UK.
"The average [property] will … go up £30,000 in five years,"
proclaimed an article about Savills' predictions in the Daily Mail.
This is in keeping with a 40-year trend, during which London
housing values have risen at 6.8% a year on average.
The Guardian echoed the trend - noting, "Nationally … the
housing market proved stronger than expected this year… Overall,
property values in London will rise 7.1% between 2018 and 2022."
Meanwhile, an article in the Mirror pointed out that by 2022,
residential property values "across Britain are projected … to grow
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Posted on Monday, November 13, 2017.