U.K. First-Time Homebuyers Call ‘Bottom’ of Market, Report Says
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British first-time homebuyers have become less pessimistic about property values as a growing number call the “bottom of the market,” Rightmove Plc said.
Thirty-three percent of people who intend to purchase their first property in the coming 12 months said prices will be higher in a year, the operator of Britain’s biggest property website said in an e-mailed report in London today, citing an April survey. That compares with 22 percent in January.