Prices in the housing market grow bounds by bounds. Are you a buyer or a seller or simply an investor? In each case, you must be aware of the factors that cause price fluctuations. This will allow you to make better decisions when it comes to property investments. This infographic lists down some of these factors that you need to watch out for.
- Trend in the prices. Even after the Brexit of the time when the UK exited the European Union, house prices continued to rise.
- The trend in prices is important but the increase in the wages should also be proportional.
- The change in customer preferences when it comes to owning a house.
- Customer behaviour showed that more and more people opt for renting out rather than buying a house.