UK house prices record biggest fall

The housing market in the United Kingdom has been on an absolute tear. If someone had bought a home in 2010, or around that area, they are extremely happy at the moment. This is because their house has gone up a ton in value and they did not have to do much. However, times are changing as the bull market for properties took a major hit recently. The trend could not continue to keep going up.

Key Takeaways:

  • The market for homes in the United Kingdom has been absolutely sky rocketing for years.
  • Some people are better than others when it comes to recognizing market trends.
  • There are many homes that are way overprices but the banks are still taking advantage of people.

“British house prices fell at the fastest pace since April last month, figures from mortgage lender Halifax showed on Friday, though other data pointed to a smaller slowdown, six months before Britain is due to leave the EU.”

Read more: https://www.iol.co.za/business-report/international/uk-house-prices-record-biggest-fall-17367761

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