Britain Housing Market Stagnates With Prices Flat and Transactions Holding at Post-2008 Pace
Updated
Updated · Bloomberg · May 14
Britain Housing Market Stagnates With Prices Flat and Transactions Holding at Post-2008 Pace
1 articles · Updated · Bloomberg · May 14
Britain’s housing market remains stuck in place, with prices broadly flat or only slightly higher in nominal terms depending on the index used.
Transactions are still moving at roughly the same post-financial-crisis rate, suggesting activity has not materially dried up even as the market is widely seen as sluggish.
That mix leaves the market in an unusual holding pattern: weak momentum in prices, but no clear collapse in sales volumes.
The latest picture points to continued stagnation rather than a renewed downturn or a meaningful rebound in Britain’s housing market.
Why are Britons still buying homes at a steady pace in a flat and uncertain market?
As London's property market cools, what is fuelling the surprising price growth in the North?
With a million empty houses, will building 1.5 million more solve Britain’s housing crisis?