40-47% of UK house hunters plan to accelerate purchases in 2024 due to price fears, per Bloomberg Intelligence survey.
40%-47% of UK house hunters plan to speed up their purchases in 2024 due to fears of rising prices, according to a Bloomberg Intelligence survey. Buyers' expectation of property value increases could support UK house-price growth, with the fear of being priced out of the market prompting some to act. UK households faced a tough 2023 with high interest rates and cost-of-living squeeze, causing property values to decline but no full-blown crash materialised.
March 12, 2024
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