UK House Price Frustration May Only Get Worse
If interest rates continue to edge lower, we may start to see prices rise again.
Houses may look a bit cheaper, but are they actually more affordable?
Photographer: Betty Laura Zapata/BloombergThis article is for subscribers only.
Welcome to the award-winning Money Distilled newsletter. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money.
We’ve had a fair bit of UK housing market data this week. All of it points to a UK housing market which, as a whole, was not especially perturbed by the run-up to the budget, despite all the kite-flying and rumour-milling.