UK housing market now weaker than Greece’s, global index reveals

first_imgThe struggling UK sales market has propelled the nation ten places down the global house price index list, Knight Frank has revealed, and has been overtaken by a list of countries unknown previously for their perky housing markets.These include Slovenia, Greece, Peru, Iceland, Chile, Romania, Bulgaria, Estonia, Slovakia, Colombia, Hungary and Latvia, all of which have seen more promising house price growth than the UK over the past 12 months.Two years ago the UK’s homes were increasing in price on average by 4.1% per annum, placing the nation at No.35 within the top 55 but since then the UK’s housing market has become increasingly subdued.The latest Knight Frank report reveals that slowing house price increases in the UK have helped the nation slip to 45th place with an annual inflation rate of 1.4%.This places us some way behind even Greece where house prices have increased by 2.4% despite its debt-ridden economy.Spare a thought for Australia. As Purplebricks found out to its cost, the property market there is in freefall and house prices are currently winding down by 5.5% a year, placing Oz last in the Knight Frank list.Slovenian boomThe country with the highest house price growth is Slovenia which is enjoying an incredible boom.Kate Everett-Allen, Partner (left), International Residential Research at Knight Frank says: “Slovenia is home to the world’s fastest rising house prices with average values accelerating 18.2% year-on-year.“Falling unemployment, low interest rates and until recently, limited supply are behind the strong price growth.”  Global House Price Index Kate Everett-Allen knight frank June 14, 2019Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021 Home » News » Housing Market » UK housing market now weaker than Greece’s, global index reveals previous nextHousing MarketUK housing market now weaker than Greece’s, global index revealsKnight Frank’s data reveals that the UK has slipped from 35 to 45 within its global list over the past two years as house price increases have slowed.Nigel Lewis14th June 20190995 Viewslast_img read more

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This time in an IMCA Stock Car, Taylor wins another Wild West Challenge title

first_imgJesse Taylor returned to Lincoln County Raceway to win a second Wild West Challenge crown, this one in the IMCA Sunoco Stock Cars. His July 6 victory paid $1.200. (Photo by Steve Towery)By Kelly NinasNORTH PLATTE, Neb. (July 6) – New division, same title: Wild West Challenge champion.Jesse Taylor took the top check at Lincoln County Raceway’s Wild West Challenge Friday evening, earning $1,200 for his IMCA Sunoco Stock Car victory.Last year’s IMCA Modified winner at North Platte, Taylor started on the outside of the se­cond row and was among the cars jostling for position throughout the feature. He finally took the lead from Jason Rogers on the 16th lap and weathered a series of late cautions for the victory.Close behind was 10th starting Kyle Vanover. Rogers, Casey Woken and Justin Addison com­pleted the top five.Mike Densberger raced from sixth starting to win the IMCA Modified feature, earning $1,000 and a Fast Shafts All-Star Invitational ballot bid as well.Densberger motored by Jeremy Frenier on lap nine for the lead, then held off late chal­lenges from the field of heavy hitters.Clough worked his way from ninth starting to the runner-up spot. Frenier, Brandon Spanjer and Jay Steffens were next across the stripe.Brett Berry parlayed his pole start into the $1,000 Karl Chevrolet Northern SportMod check­ers.Austin Svoboda was second while former hometown hotshoe Dillon Schultz worked his way through the field to third.Grabbing the lead in the early laps and avoiding trouble throughout the feature was the win­ning formula for Jesse Vanlaningham in the IMCA Sunoco Hobby Stock feature.Vanlaningham pocketed $700. Jeff Ware ran out of time to challenge and ended in second; third went to Luke Wassom.Coming from the furthest to visit the winners circle was Mitch Bolton of Grand Junction, Colo­rado. Bolton was not only the winner of the longest tow award but the $650 victor in the Mach-1 Sport Compact feature.Second place went to Denny Berghahn Jr. while early leader Shawn Hein was third.Feature ResultsModifieds – 1. Mike Densberger; 2. Brandon Clough; 3. Jeremy Frenier; 4. Brandon Span­jer; 5. Bryan Herrick; 7. David Murray Jr.; 8. Colton Osborn; 9. John Burrow Jr.; 10. Charley Brown; 11. Cole Hodges; 12. Brian Cross; 13. Ronnie Wallace; 14. Dave Pederson; 15. Klancey Honeycutt.Stock Cars – 1. Jesse Taylor; 2. Kyle Vanover; 3. Jason Rogers; 4. Casey Woken; 5. Justin Ad­dison; 6. Jeff Whiting; 7. Mikey Dancer; 8. Travis Demilt; 9. Jason Anderson; 10. Henry Henderson; 11. Dan Eller; 12. Danny Concelman; 13. Eric Kinderknecht; 14. Kyle Clough; 15. Robbie Kosmacek; 16. Tyler Tipton; 17. Damon Richards; 18. D.J. Banks; 19. Angel Munoz; 20. Andrew DillenburgHobby Stocks – 1. Jesse Vanlaningham; 2. Jeff Ware; 3. Luke Wassom; 4. Jeromy Wag­ner; 5. Tanner Jones; 6. Allyn Myers; 7. Austin Davis; 8. Chuck Ledbetter; 9. Shad Cooper; 10. Brooke Russell; 11. Brady Bencken; 12. Caleb Hetrick; 13. T.C. McKain; 14. Tanner Clough; 15. Jacob Hagan; 16. Sean Miller; 17. Devin Bjorklund; 18. Brady Henderson.Northern SportMods – 1. Brett Berry; 2. Austin Svoboda; 3. Dillon Schultz; 4. Nick Hankins; 5. Ryan Moser; 6. Brady Weinman; 7. Zach Schultz; 8. Tony Schultz; 9. Eric Kackmeister; 10. Justin Svoboda; 11. Brian Osantowski; 12. Jacob Wolsleben; 13. Zach Buesing; 14. Gary Long; 15. Cody DeWester; 16. Adam Kackmeister; 17. Danny Concelman; 18. Jamey Kennicutt; 19. Brandon Poessnecker; 20. Matt Caudillo.Sport Compacts – 1. Mitch Bolton; 2. Denny Berghahn Jr.; 3. Shawn Hein; 4. Richard Crow; 5. Billy Turner; 6. Lanny Bolton;7. David Norquest; 8. Shawn Klinkifuss; 9. Daryl Cauff­man; 10. Andrew Baumgardner; 11. Lonnie Lenser Jr. 12. Kaden Dady; 13. Quincy Eggelston; 14. Tom Baumgardner; 15. Christian Destefano; 18. Billy Potter; 19. Steve Price; 20. Merle Johnson; 21. Kyle Filyaw; 22. Terry Tritt; 23. Terry Florom.last_img read more

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