British Housing market stabilizing
London housing prices had the biggest fall in April 2018 since 2009, while the UK average price was steady and lenders say the prices are falling in wealthier regions, whereas, the prices are still rising outside the capital. The nationwide rise in price is at the rate of 5 percent a year, at the time of Brexit vote, and this trend is expected to continue in the year 2018. Reports by Halifax show the prices of house in London between January and March was on an average £430,749, lowest since 2015. But still, the shortage of homes is expected to aid the housing market. Experts believe the prices show general consumer confidence but it is still rising faster as compared to wages, Buy to let properties UK even when unemployment is reduced. This makes it tricky to get affordable homes for eligible buyers. Reports on renting Hamptons International Monthly Lettings Index - Rents up 1.9 percent over April 2018. ARLA Property mark - April reports of private rented sector indicat...