homebuying

Housing Crisis: Homebuyers Face Price Surge and Supply Crunch Ahead of 2024 Elections

3 months ago

Amid the upcoming 2024 elections, the housing market in the U.S. is under pressure, causing homebuyers to suffer from a significant increase in prices and a lack of housing supply. Recently, there has been a notable rise in home prices, driven by limited inventory and high interest rates, making access to residential property difficult for buyers.

UK Housing Market Rebounds: Bank of England Rate Cut Spurs Demand

3 months ago

Recent data from the Royal Institution of Chartered Surveyors (RICS) indicates that the UK housing market has begun to gain momentum following the recent cut in interest rates by the Bank of England. This decision has significantly altered the market landscape, and many experts predict that housing prices could continue to rise in the coming months.