UK Property Market in Autumn 2024: Current Trends

As autumn 2024 rolls in, the UK property market is navigating a period of adjustment and uncertainty. After the extraordinary growth in house prices over recent years, driven by factors like low-interest rates and a demand-supply imbalance, the market has shown signs of cooling. For buyers, sellers, and investors alike, understanding current trends and projections is crucial to making informed decisions in this shifting environment.

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Housing and inflation

Inflation Surprise: Decreasing Inflation Rate and what it could mean for the property market?

Inflation Surprise: Decreasing Inflation Rate and what it could mean for the property market?

Inflation, the persistent increase in the prices of goods and services, can cast a shadow over various aspects of the economy, including the property market. However, for prospective homebuyers, a silver lining emerges when inflation takes a downward turn. The Bank of England faces less pressure to increase interest rates after inflation fell from 8.7% to 7.9% this week.

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