According to new population projection statistics from the Office of National Statistics (ONS), the UK is expected to grow by 7.3 percent in the decade leading up to 2032, with a net increase of 4.9 million people driven entirely by migration, as deaths are projected to match births. The UK’s fertility rate is anticipated to hit a low of 1.41 per woman in 2027 and remain at that level for nearly ten years, leading to a projected population of over 70 million by 2027 and 75 million by 2042.
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Housing market has strongest start in three years — see how your area fared
The UK housing market has experienced a strong start with new sales agreements up 12% compared to last year, driven by buyers rushing to complete purchases before the stamp duty changes on April 1. The average house price has risen to £267,700, rebounding from a previous dip, supporting a 2% increase in house price inflation. However, there are signs of prices leveling out as mortgage rates rise and buyers have more property choices. Full Article
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