UK House Prices Drop at Fastest Pace Since 2009.

#property #realestate #interestrates #mortgage

Today we will look at the impact higher interest rates are having on UK housing. The Nationwide Building Society just reported that the HPI or Average House Price Index dropped at the sharpest rate since 2009.

We will also look at the HPI to gold ratio going back to 1953 in order to ascertain whether house prices are fairly valued versus real money.

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