The UK housing market, particularly London, has been among the most resilient markets in the world during the past two decades. However, recently, after what can only be described as a record run, some indicators have started to point to building evidence of a slowed in the market.
April housing market data is no exception with two leading indices, the Halifax and Nationwide indices, showing month-on-month declines, with the former showing a 0.2% fall over the three months to April. As a new research note from HSBC’s UK Economist Liz Martins points out, this marks...
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