The global recession of 2008 was born out of the housing markets, and it is those markets that have persistently remaining hard-hit and sluggish even almost a decade on from the recession. However, according the UK sources, there is promising news coming out that country on the housing front. According to UK Finance, the number of first-time homebuyers in the country has grown to its highest number seen since the year 2006, shortly before the start of the recession.
Read more: First-time buyers ‘at 11-year high’
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