According to new data, London house prices fell by an average of £11,000 in the first month of 2023... and the trend is likely to continue.
and higher interest rates would lead to a slower housing market, particularly compared to the rapid growth of recent years.
‘As we move through 2023, that trend is likely to continue as higher borrowing costs lead to reduced demand.‘For those looking to get on or up the housing ladder, confidence may improve beyond the near-term.’But it’s expected that lower house prices and the ‘potential for interest rates to peak below the level being anticipated last year’ will lead to improvements in affordability.
Danmark Seneste Nyt, Danmark Overskrifter
Similar News:Du kan også læse nyheder, der ligner denne, som vi har indsamlet fra andre nyhedskilder.
21 notorious criminals jailed in the UK in JanuarySome of the biggest court cases to conclude in the UK last month
Læs mere »
Going nowhere: one player per Premier League club left stuck after the January window - Football365These players are stuck at their Premier League clubs, some with zero hope of playing again this season.
Læs mere »
This compact brutalist treasure is a south London house by Whittaker ParsonsThis addition to a south London terrace is a brutalist treasure, a meticulously detailed urban infill in concrete and brick that makes the most of its site
Læs mere »
England's first 'urban beavers' to move into London parkEngland's first 'urban beavers' to move into London park - and could pave the way for further reintroductions CapurrodDaniel reports
Læs mere »
Genius Manoeuvre: Jay-Z, Mercedes-Benz Will Join Moncler At London Fashion WeekRick Owens, Palm Angels and Pharrell Williams are also slated to unveil new design concepts at the Moncler’s latest Genius activation at London Fashion Week as it aims to move “beyond collaboration”.
Læs mere »