The housing market ended last year on a positive note with an increase in house sales, new buyer enquiries, and house prices in every region of the UK. The RICS survey showed a rise in house sales and new buyer enquiries, while Nationwide reported a 4.7% increase in house prices in 2020. However, rising mortgage rates pose a challenge for the housing market, with some lenders already increasing rates. The upcoming stamp duty deadline on 1 April is expected to boost activity in the housing market in the coming months.
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Why AST SpaceMobile Stock Has Been Quietly Crushing the Market Lately
AST SpaceMobile (NASDAQ: ASTS), a provider of low Earth orbit satellites for cellular connectivity, has seen its stock surge over 330% in the past year, significantly outperforming the Nasdaq Composite's 20% rise. By addressing coverage gaps in rural areas with 2G, 4G, and 5G signals via low- to mid-band spectrums, AST competes effectively against larger players like SpaceX's Starlink. Want More Context? 🔎
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