Greycoat: UK Reacts to Drop in Property Transactions

As 2023 ended, the number of housing transactions throughout the UK plummeted and dropped by approximately 1/5, which means that 20% fewer housing transactions were taking place year-over-year, Greycoat informs. As the property purchase market continues to slow, this means that the UK market is slowly fizzling out with only about 85,120 housing transactions (sales)…

London House Prices See Significant Decline in 2023, According to real estate expert Nick Millican

According to the report published by ONS index – the number of houses that were sold within London during 2023 shows a significant decrease in comparison to its yearly performance. This, also stated by the House Price Index report. Nick Millican explains that this decline came after the November 2023 House Price Index report by…