UK homes for sale at 7-year high as market gains momentum

Quick Summary:

The number of UK properties up for sale has hit its highest level in seven years and buyer demand is rising as a recovering economy boosts consumer confidence, according to Zoopla.

Buyers have less purchasing power than they did two or three years ago and many are still demanding hefty discounts, the property website said.

Buyer demand is rising as a recovering economy boosts consumer confidence.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: LondonProperty MortgageRates EconomicGrowth UKHousing HousingSupply Property BuyerDemand /Business/Business News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-29 @ 00:00:00 (5 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 392 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 22291622

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 42 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 28 minutes ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #22

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