Real Estate Has Never Been So Expensive in the UK
Despite the Covid-19, property prices have reached a new record across the Channel. But they progress less quickly. Residential property prices, far from slowing down with the novel coronavirus pandemic, reached new highs late in the year in the UK. The average price of a home reached 253,374 pounds (281,000 euros) in December, according to an index of the Halifax real estate group, an increase of 6% over one year. By comparison, in France, it stands at 248,437 euros, according to the Century 21 real estate network. "This is a notably high performance in view of the fears initially linked to the pandemic," notes Halifax. Over one month, the increase in real estate prices slowed significantly at the end of 2020 compared to November, when it reached 1%, according to the same study. The past year first saw real estate prices fall in the wake of the pandemic and containment, then rebound sharply when real estate agencies were able to reopen after the start of the lifting of the ...