Britons Sour on Buying Property Amid Record Values, Halifax Says
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The gulf between demand for property and supply in Britain’s buoyant housing market may be set to narrow, a survey by Halifax shows today.
The balance of people saying the next 12 months are a good time to buy a home slumped to 5 percentage points in the second quarter from 34 in the previous three months, the mortgage unit of Lloyds Banking Group Plc said. That was the largest fall since the survey began in 2011. The balance saying it’s a good time to sell climbed 1 point to 25. A gauge of the outlook for house prices rose 1 point to 66.