After the real estate boom, home price increases will be near zero

After the real estate boom, home price increases will be near zero

Groáinne Gilmore of Zoopla said:

Nick Leeming, a real estate agent at Jackson-Stops, said:

However, spring was a turning point. He states: “It’s now clear that April will be seen as a turning point in the market. We’ve already seen many ambitious sellers return to the real world.”

Wales recorded the strongest annual price increase at 11.4 pc, while London was behind at 3.9 pc.

Nottingham recorded the highest home price growth at 10.4pc in the UK’s largest city. This brings the average home price to £ 190,300. Aberdeen, whose real estate prices are closely tied to the North Sea energy industry, recorded a 2% decline.