Is this the first sign of a bounce in the housing market? Property website Rightmove is reporting this morning that enquiries to estate agents so far this month are 19 per cent on August last year. This follows a quarter-point cut in interest rates by the Bank of England (BoE).
Rightmove’s data is forward-looking, in that it represents the first step in the house-buying process: contacting an estate agent for information, or for a viewing.
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