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On what depends price of property

Which factor is rising price of your property? I know location and condition of property but what next?

Asked on Dec 14 2015, House Prices in Shipley | Report content

Answers (1)

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  • It also depends on the property market cycle. Real estate prices fluctuate depending on factors like GDP growth, interest on loans, full employment, etc. The Bank of England is talking about raising the interest rate in 2016 which could slow price growth for next five years or so by making the interest on loans more expensive.

    Answered on Dec 24 2015, Report content

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