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RE: UK house prices fall for third consecutive quarter
The house prices had a very good run for the last 8 years and are due for a correction, I think. It cannot just go all one way.
The house prices had a very good run for the last 8 years and are due for a correction, I think. It cannot just go all one way.
Yeah I agree, I think mainly due to low interest rates. I wonder how much property prices will be effected should the bank of England increase interest rates. If we are already seeing the market cool down, increasing interest rates will only see them fall further. Good for first time buyers though.
Yes,it is good for 1st time buyers as this is a buyers market now and going forward for a while. Brexit uncertainty and new tax laws on property is also negative and will way the prices down in the next year or 2.