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Britain’s sellers cut home asking prices, but buyers’ budgets shrink too
September brought the largest monthly number of asking-price cuts in 15 years. Buyers have more room to negotiate, but rising mortgage costs limit what they can pay.
XemNguồn sớm nhấtProperty news
Những gì chúng ta biết ban đầu
- Trying to sell his late father’s home in south Wales, one owner described a market crowded with competing properties and short of buyers. “Lots for sale; no-one buying,” he told the BBC. His experience is not a national measurement, but it captures the predicament behind Britain’s latest housing figures: a home can remain unsold even after its owner lowers expectations, leaving the next step unresolved.
