Manchester Property News
Days of Christmas | Gold, Frankincense and Myrrh
Tom Simper
Dec 4, 2023, 14:00 PM
The Three Wise Men followed a star in search of the newborn king, giving gifts of gold, frankincense and myrrh. However, gifting a home may have been a better financial move.
The average price of a home is currently £291,385, a 65% increase in value compared to a decade ago (£176,097). The value of gold has risen 42% in the same period.
A price moderation is forecast over 2024, however cumulative growth of 5.8% is forecast between 2025 and 2027. Source: #Dataloft, ONS, uk.investing, LBMA. Indicative price performance only. Data to end Sep 2023, HM Treasury Average of Independent Forecasts Nov 2023
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This Blog looks at what is happening in Manchester, the property market, events and community news along with investment ideas and tips for those loosing to invest in the area.
Tom Simper - Editor
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