Housing stock value hits £5 trillion

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Published by Max Salsbury for 24dash.com in Housing and also in Finance

The total value of the UK's housing stock has risen to £5 trillion in the last year. And the stocks of just ten London boroughs are collectively worth more than the total combined wealth of Scotland, Wales and Northern Ireland. Though the UK's total value remains 6.4 percent below 2007's peak, London's real estate is now worth 14.2 percent more than then. In Northern Ireland, stock values have dropped by 10.2 percent since 2007, to £72 billion. London's homes are now worth an aggrega...

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