Vendor activity rising as market nears peak📈
Rising concerns over a possible recession may help to address the long-standing supply/demand disparity in the UK housing market.
Low supply, which has been the dominant feature of the UK property market over the last year, has produced double-digit price growth even as inflation and mortgage rates have been rising. That may be about to change, according to the latest market analysis from Knight Frank.
The economic mood music has become more sombre in recent weeks, with the Bank of England using some dramatic language as headlines about a potential recession multiplied. To continue reading, please Click Here