Tumbling house prices? Flailing economy? It's 5 Fact Friday! 25 Aug 2023
5FF 25 Aug 2023 - watch video of this here: https://youtube.com/live/xdCPlvlF2Y4
Book a 1-1 live video session with me here: https://buymeacoffee.com/mhwc
UK retail sales fall at fastest pace in more than two years, says CBI
https://www.spglobal.com/marketintelligence/en/mi/research-analysis/uk-flash-pmi-data-signal-renewed-economic-downturn-in-august-selling-price-inflation-cools-Aug23.html
RM asking prices down £7,000 in one month
https://www.thisismoney.co.uk/money/mortgageshome/article-12421659/Home-sellers-dose-reality-Average-asking-price-drops-7-000-month-says-Rightmove.html
BestAgent all homes index shows £10k drop in one month in median asking price of sold properties
https://bestagent.news/country/england
4,000 construction companies bust
https://www.ft.com/content/f9fc08ab-37f9-46d3-bebf-d5961258f380
Surprise! Most people can’t afford new mortgage rates.
https://www.telegraph.co.uk/money/consumer-affairs/vast-majority-homeowners-not-afford-house/
The UK competition watchdog has said it will probe land banking by the country’s biggest house builders
https://uk.news.yahoo.com/competition-watchdog-probes-land-banks-110201852.html
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