Weak pound has ripple effect on house prices

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converge and generate the ripple effect of house prices among regions. Ripple effect caused by interest rate is more apparent than that caused by M2. On long terms, the ripple effect caused by monetary policy is weak, the heterogeneity how regional house prices response to shock from common monetary policy still exists.

ABSTRACT An alternative perspective is provided on the existence of a ripple effect in the UK housing market. In contrast to previous studies, the analysis involves consideration of information on the changes in house prices to which the hypothesis of house price diffusion posited by the ripple effect relates, rather than their

There have been some signs over the past month that the effects of the post-brexit referendum depreciation of the pound may soon start to fade. earnings were weak and house price growth moderated..

concerns of the behavior of regional house prices. This is particularly the case in some large cities, such as Beijing, Guangzhou, Shanghai, and Shenz-hen, where the house price has been skyrocketing. In this regard, the housing price diffusion or ripple effect across regions has become increasingly im-

He said the economy was being supported by factors including fiscal measures and the weak pound, which has lost around a quarter of its. partly because they underestimate the benefits of lower.

Over the past year, prices have risen fastest in the cheapest borough, Barking and Dagenham, where average house prices are up 17 per cent from 246,955 to 288,873.

The average house price last month was 220,260. annual house price inflation slowed further to 5.7 per cent, compared with 10 per cent in March last year and 6.5 per cent in December, it said.

The Ripple Effect. The borough’s seen incredible price increases of 76 percent and above since 2009. Hammersmith and Fulham also haven’t done too badly, up by 73 percent – with Westminster up by 72 percent. Out of town, Windsor and Maidenhead, commuter belt Surrey and Brighton and Hove have increased by 31 percent.