The housing market prices are rising higher than ever before. With prices rising to 10,000 pounds, some experts have declared this a “crisis.” Many areas such as the east of England, North East, and London, have experience abnormal pricing patterns. It is probable that this rise in pricing has also caused the housing market to slow down. This slow in the housing market is probably caused by the falling wage growth within the UK. Experts fear that this could be another market crisis that they had experienced in the 90s.
