PROPERTY ON THE PODIUM

News at Ware & Co | 24/08/2022

  • With British sportsmen and women taking top spots on podiums at the recent Commonwealth Games and the European Athletics and Aquatics Championships, how would property fare against its key competitors?
  • Property continues to outperform, pipping gold and UK share prices to the top spot based on price growth over the past year.
  • Over the longer term too property has performed well. The average price of residential property increased by 65% over the past decade, compared to just under 40% for gold prices and 32% growth for the FTSE.
  • Of course, all investments are subject to economic fluctuations but, at present, demand for property remains higher than in the pre-pandemic market of 2019 and stock levels are still low. Source: Dataloft, Nationwide, uk.investing.com, LBMA

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