The boss of PriceHubble, the European property data analysis and tech provider, warns that the UK property market will continue to decline well into 2024 but will avoid collapse.
PriceHubble founder Stefan Heitmann told The Neg: “We see the UK housing market on a decline and on a very rough patch for 2023. Will it collapse? I don’t think so.”
Heitmann says that there are underlying market dynamics that are strong enough to uphold the market as a whole.