House price growth helps UK economy


The economy of the United Kingdom has been the most fluctuating among the world, as the international situation changes. While the effects of Brexit still hurt, other changes such as global slowdown have not done it any favors. However, there is still some much awaited good news for the economy.

The UK economy has taken many hits as political instability as well as announcement of elections have not helped it. Yet, the Nation has seen some growth in the prices of houses, which is quite the good news.

The average price of a home in the United Kingdom rose by 0.5% in November to £215,73, which is a good growth given the circumstances. Prior to Brexit, house prices rose to 5% and actually fell when Brexit was announced back in 2016. Now the annual rate rise is still below 1 percent, but this month has been the first time the prices saw a hike by .5 percent. While this may mark the start of a recovery that has very dearly been anticipated, nothing will be made certain until at least after December 12, when the elections happen.


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The winner of the title Mr. Pune 2009, Mr. Shreyas Tanna is currently the young, dashing, and dynamic CEO of a market research company called ResearchNReports in Pune. Fondly known as RNR, the company specializes in market research as well as industry analysis, and is closely associated with its parent company Absolute Market Insights (AMI). Mr. Shreyas Tanna began his corporate journey as the Head of Corporate sales & PR at RED Entertainment while pursuing his degree for MMS (Marketing) from the MGM College of Management, Mumbai. After accomplishing the tedious task of balancing his work and education, he further polished his skills in Corporate Sales, Public Relations, Channel Development, Global Client Engagement, Strategic Consulting, and Brand Development by working with HDFC Life and Researchmoz Global Pvt. Ltd. His dedication towards his work has even won him accolades such as the National Level Performer 2013 – HDFC Life and Mr. Research Moz 2015. A disciplined individual with a loving heart, he is often seen taking crisp walks with an engrossed look and a gentle smile within the premises of his company to interact with the various departments. And he will be usually followed by an adorable trail of his beloved trio of Shih Tzu babies proudly known as Gucci, Drake, and Paris. The most enticing thing that you will notice about this content and proud pet parent is his infectious positivity and the firm belief in his eyes, a reflection of his favorite quote, “LIFE IS BEAUTIFUL!”