UK Housing Market Sees ‘Signs of a Recovery’ After 7 Consecutive Falls

UK Housing Market Sees ‘Signs of a Recovery’ After 7 Consecutive Falls
An aerial view of terraced homes in Colne, England, on April 4, 2023. Christopher Furlong/Getty Images
Evgenia Filimianova
Updated:

April saw a 0.5 percent rise in house prices in Britain, in the first surge since August 2022.

However, financial experts have argued that Britons should expect a “fairly pedestrian” upturn in the housing market, if any, owing to the ongoing imbalance between low wages and rising inflation.

Evgenia Filimianova
Evgenia Filimianova
Author
Evgenia Filimianova is a UK-based journalist covering a wide range of national stories, with a particular interest in UK politics, parliamentary proceedings and socioeconomic issues.
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