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Housing prices: It was 'supposed to be a safe investment'
Posted
August 2, 2023
Views
42,470
Likes
139
Comments
157
Engagement
0.70%
August 2, 2023
42,470
139
157
0.70%
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3:04Now PlayingHouse prices will likely fall further in the coming months after a closely-watched index reported the biggest drop in 14 years, experts predict.
It comes after Nationwide reported that annual property values declined by 3.8% in July - the sharpest fall since July 2009.
Sky's Inzamam Rashid spoke to a homeowner who's desperate to sell. And despite dropping the price by £30,000, she is still struggling to find a buyer - she says mortgage rates may be putting people off.
#housing #mortage #skynews
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