We hope you’re enjoying your weekend!
The hot topic this week has been the housing market. The number of homes for sale has reached an eight-year high, and experts are weighing in on what this means for house prices in 2024. Zoopla’s latest house price index offers some intriguing insights into this trend.
Meanwhile, Nationwide reports a surprising shift in UK house prices for May, suggesting a potential rebound. Despite high mortgage rates and price sensitivity, the market is showing signs of resilience. Curious about the details? We’ve got the full story on these developments and what they could mean for buyers and sellers alike.
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Now, let’s have a look at the latest headlines that have caught our eye this week…
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Property news this week:
The UK house prices bounce back – Nationwide: The UK’s house prices edged up in May after a brief period of decline, suggesting the market is weathering recent economic challenges, Nationwide reveals. It says prices increased by 0.4% compared to April, following a 0.4% dip in April and a 0.2% decrease in March.
That concludes this week’s updates. If you have any thoughts or questions about these headlines, feel free to reply—I’d love to chat with you about the latest market trends and discuss your investment goals.
I’ll be back next week with more insights on the property market. Enjoy your weekend!
