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Daily Archives: June 15, 2023

Positive growth creates space for BoE aggression

Positive growth creates space for BoE aggression GDP grew 0.2% in April, following a 0.3% fall in March GDP grew 0.1% over the three months to April Economic expansion was driven by 0.3% growth in Services sector Construction grew by 0.6% Production fell by 0.3%

UK homebuyers need 10.6 x earnings for average home

UK homebuyers now need 10.6 x income for the average home, despite wages outpacing house prices Despite the latest figures on earnings, released today, showing that the average UK wage has outpaced house price growth over the last year, research by Gradual Homeownership provider, Wayhome,