Evaluating the impact of the past six elections on house prices shows that the average price growth in the three months leading up to an election was 2.2%, whilst the three months following showed a similar increase at 2.1%.With inflation heading back towards the bank of england target of 2.0% and more stability in the mortgage markets, we expect to see the primary sources of financial disturbance ease back over the course of 2024 as the narrative turns to when we might start to see interest rates cut.
This decline is sensitive to interest rates and household income growth.Getty) overall, property prices in britain are.Certain local areas continued to see very high growth, with 141 (37%) local authorities.
Price growth in the three months following an election only outperformed the preceding period in two out of the last six.House prices continue to adjust to higher mortgage rates through modest price falls.
The majority of local areas continued to see annual house price.Search gov.uk × search gov.uk services and information benefits;There's already news this week that interest rates are starting to return to normal.
Growth was strongest in the south west, north east, and wales.Scotland was the only region with positive annual growth of 1.4% in january 2024.
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Transfer Talk: Barcelona Stalling After Arsenal's Koundé Bid
The Golden State Warriors are signing De'Anthony Melton to a one-year, $12.8 million deal on the midlevel exception, sources confirmed to ESPN on Monday.
A versatile defender who is also a career 36.9% 3-point shooter, Melton helps the Warriors fill out two areas they had prioritized entering the summer: more shooting and improved defense, particularly on the perimeter.
With the departure of longtime Warrior Klay Thompson and the release of 19-year veteran Chris Paul, Melton also provides some backcourt depth.
The 26-year-old guard could fit as a backup point guard to Stephen Curry while also finding ways to play next to him -- something Paul struggled to do in his one year with Golden State.
Melton was a key reserve in Memphis in the 2021-22 season before being acquired by Philadelphia that offseason; He has largely operated as a starter for the 76ers over the past two seasons.
He averaged 11.1 points in 38 games this season for Philadelphia before ongoing back issues caused him to miss the vast majority of the year.
The Athletic first reported Melton's deal with Golden State.
ESPN's Tim Bontemps contributed to this report.
