The house price “correction” if you want to call it that, is only just getting started. The “corrections” being applied will include correcting for: 1. 12+ years of artificially low interest rates 2. The effects of £1trn of QE now being reversed 3. The unwinding of the effects of Help to Buy on wider house… Continue reading The UK’s House Price Correction has only just begun.
Tag: charlie lamdin
Autumn asking prices of ‘sold’ homes drop 3.5% in 2 weeks
September 2023 BestAgent House Price Index (beta) by Charlie Lamdin Housing market’s weak pulse shows autumn improvement The number of homes showing as “sale agreed” across England jumped by nearly 8% to 62,695 during the middle two weeks of September, reflecting the post-summer holiday seasonal activity increase we’d normally expect. However, transaction numbers remain substantially… Continue reading Autumn asking prices of ‘sold’ homes drop 3.5% in 2 weeks