House prices are beginning to rise for the first time in nearly two years as market activity increases, according to surveyors.
The Royal Institution of Chartered Surveyors (Rics) reported that price growth moved into positive territory last month for the first time since October 2022.
A net balance of 14 percent of property experts expect a steady increase over the next three months. Many lenders have recently reduced their mortgage rates, following the Bank of England's recent cut to the base rate.
The number of house hunters also increased in August, with a net balance of 15 percent of professionals noticing an improvement in this survey indicator, up from a balance of 4 percent in July.
Read more on manchestereveningnews.co.uk
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.