The average house in Wales has reached a record high of more than £240,000.
Principality Building Society’s latest Welsh house price index for Q2 of this year (April-June), shows that the new peak of £240,635 reflects an 11.5% annual increase and a 3.1% rise on the previous quarter.
Half of local authorities in Wales reported double digit percentage price increases in Q2, with nine areas also recording new peaks. Several authorities – Blaenau Gwent, Carmarthenshire and the Vale of Glamorgan – continue to report annual price increases of more than 15%.
