Asking prices for residential properties increased by 0.9%, or £3,301 (RM17,481) in the Dec 4 to Jan 7 period from a month earlier.
Asking prices for residential properties increased by 0.9%, or £3,301 in the Dec 4 to Jan 7 period from a month earlier, after a 2.1% fall over the previous month, Rightmove said.
Economists polled by Reuters in November forecast that house prices would dip 5% in 2023, while analysts at Nomura said last week they expected prices to fall by 15% by mid-2024. However, average two and five-year fixed mortgage rates have eased after surpassing 6% in October in the aftermath of Truss’s failed tax cut plan.
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