up 12 percent in a year to £286,000. However, the looming threat of the cost-of-living crisis, deepened by the spike in inflation and rising interest rates, is creating a sense of urgency in the market, with some homeowners keen to sell up and take advantage of these elevated prices, keen not to miss out on their dream home.
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Signs Are Pointing to a Slowdown in the Housing Market—At LastThe U.S. may be at a crucial juncture, at which a lot of properties are coming onto the market just as demand slows, analysts say People can’t afford to drive to the open houses. This is a good thing, the rate of price increases was unsustainable for anyone outside of the market. Sure, money is going to gas and food...brace yourselves, 2022 holiday retail orgy isn't going to be pretty.
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