To say the International Monetary Fund (IMF) is concerned about a fall in the housing market here is an understatement. The main reason is overvaluation of property, preventing many, especially first time buyers, from being able to afford property. These were issues laid out by the IMF in its half-yearly World Economic Outlook for Britain. [...]
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The housing market is now trying to keep its head above water as the usual fall, “back to school” surge has yet to happen. During one of the most crucial times of the year, agents within the market are seeing less action and more down time. Early September has traditionally been a time when residents [...]
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