Citing Zoopla's latest data, Interactive Investor said that the UK real estate market is off to a good start to the new year, and a series of activities suggest an initial rebound in the UK real estate market in 2024. Scott, head of Interactive Investments, said that the difficult situation in the real estate market last year and the pressure on prices reflected the difficult borrowing environment faced by potential buyers in terms of their ability to afford mortgages. However, as the Bank of England is expected to cut interest rates this year, the inflation rate falls, and the environment begins to improve, which will encourage more potential homeowners to return to the market.
Zhitongcaijing · 01/29 11:17
Citing Zoopla's latest data, Interactive Investor said that the UK real estate market is off to a good start to the new year, and a series of activities suggest an initial rebound in the UK real estate market in 2024. Scott, head of Interactive Investments, said that the difficult situation in the real estate market last year and the pressure on prices reflected the difficult borrowing environment faced by potential buyers in terms of their ability to afford mortgages. However, as the Bank of England is expected to cut interest rates this year, the inflation rate falls, and the environment begins to improve, which will encourage more potential homeowners to return to the market.