Chinese New Year And House Prices

By Josh Gertler

The Chinese New Year officially begins on Friday 16th February, bringing in the Year of the Dog.

Here are some interesting stats for you all; the most lucrative is the year of the Dragon which has seen average house price growth of 14.1%, closely followed by the Year of the Horse (14.0%).

The Chinese zodiac animals rotate every 12 years and we’ve taken a look at average house price growth for each of the years represented by each animal since 1972.

The Year of the Dog has seen steady growth, averaging 6.6% per year. On this basis 2018 looks set to be stronger than last year; the Year of the Rooster averages just 2.3%.

Call Normie and Company on 0161 773 7715 to book a no obligation and free valuation of your home!

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