The UK housing market is showing resilience, with a 1% rise in house prices in September, aided by low mortgage rates and increasing buyer income.
Zoopla anticipates a significant 2024 for the housing market, noting a 30% surge in the sales pipeline value, indicating heightened demand amidst regional disparities.
With first-time buyers poised to make up 36% of purchases in 2024, they enjoy a 17% cost advantage over renting, a substantial change from the previous year.
A potential rollback of stamp duty relief could impact 20% of first-time buyers, forcing them to pay increased taxes in high-value areas, complicating affordability.
Collection
[
|
...
]