House prices didn’t crash in 2023, despite what was expected by some commentators. However, they may drop this year, which could make many buyers wonder whether the time is right to get onto or move up the property ladder.
The latest Nationwide House Price Index shows average values dropped 1.8% during 2023, but Halifax suggests they were up 1.7%.
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What happened in the property market in 2023?
Will the housing market recover in 2024?
Should would-be buyers wait or act now?
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