"Sellers of older properties that rely on heating oil for central heating and hot water may attract lower-than-expected prices in the months ahead."
"House-hunters become increasingly spooked by the record-high kerosene prices and intermittent supply shortages sparked by the US war on Iran."
Older properties that depend on heating oil for central heating and hot water are likely to attract lower prices. This trend is driven by record-high kerosene prices and supply shortages caused by geopolitical tensions, particularly the US war on Iran and the blockade in the Persian Gulf. As a result, potential buyers are becoming increasingly wary, impacting the market for these types of homes during the peak selling season.
Read at Independent
Unable to calculate read time
Collection
[
|
...
]