Industry Poll Indicates UK House Prices Set to Rebound in Next 12 Months
Thursday, 11 April 2024, 06:00
UK House Prices Forecast
According to a recent industry poll conducted by the Royal Institution of Chartered Surveyors (Rics), the housing market in the UK is showing signs of revival. Property prices stabilized in March, following a decline period, as new property listings and buyer interest grew. The impact of higher interest rates and the cost of living crisis has affected market dynamics significantly.
Main Points:
- Rics Survey: Predicts growth in UK house prices in the next year.
- Stabilization: March saw property prices stabilize after a period of decline.
- Market Factors: Higher interest rates and cost of living crisis influencing market trends.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.