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Liverpool Echo
Liverpool Echo
Business
Storm Newton

House prices set to dip in these areas as market faces nosedive

The UK property market is forecast to slump even further in the coming months as a recession looms.

New figures have pinpointed the areas of Merseyside where buyer demand is falling. Propcast, which provides forecasts on the property market, has given each region of Merseyside a 'temperature' indicating the percentage of homes for sale are under offer.

Overall, Merseyside has a score of 56, meaning more than half of homes for sale are under offer, showing buyer demand is high despite the cost of living crisis and rocketing interest rates.

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