Strong house price growth in Wales

Wales is experiencing a stronger growth in house prices compared to the rest of the UK, according to the Nationwide House price index for Q3 2019. House prices were up by almost 3% annually compared with 0.2% in the rest of the UK. Cardiff was proving to buck that trend even further by experiencing prices 21% above it’s previous high in the Jan-Aug period. Help-to-buy accounted for 25% of new homes in 2018 but dropped slightly this year. Transaction numbers are stable and remain higher than the average across the UK. Read more on the Welsh Housing Update from Savills here.