Topics: House Price Decline

Explore the dramatic decline in house prices in the UK and its direct correlation to the impact of bank rate increases. 

Explore the dramatic decline in house prices in the UK and its direct correlation to the impact of bank rate increases. 

Real estate analysts conducted a poll from August 14 to 31, involving more than 130 housing analysts in major real estate markets such as the US, UK, Germany, Australia, New Zealand, and India, according to Reuters News Agency. The poll results indicate that the recent decline in global house prices is nearly over, with average house prices in major markets currently decreasing less than anticipated earlier in the year and expected to increase again in 2024.

Real estate analysts conducted a poll from August 14 to 31, involving more than 130 housing analysts in major real estate markets such as the US, UK, Germany, Australia, New Zealand, and India, according to Reuters News Agency. The poll results indicate that the recent decline in global house prices is nearly over, with average house prices in major markets currently decreasing less than anticipated earlier in the year and expected to increase again in 2024.