House Prices Collapse £15,000 - Five Fact Friday on the Fly
Watch this video of this podcast: https://youtube.com/live/enAZpC-3XRQ
5FF 1 Sept 2023
Buyer Demand Drops 34%
https://www.zoopla.co.uk/discover/property-news/house-price-index/
July New Mortgage Approvals down 10%
https://www.bankofengland.co.uk/statistics/money-and-credit/2023/july-2023
Nationwide HPI down 5.3% yoy
https://www.nationwidehousepriceindex.co.uk/reports/august-sees-further-weakness-in-house-prices
FTB's drop 28%
https://www.bloomberg.com/news/articles/2023-08-29/first-time-buyers-leave-uk-housing-market-as-mortgage-rates-jump
Transactions for 2023 forecast to drop 21% (See Zoopla link above)
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