Property Matters 

Treading the fine line between sentiment and reality

Treading the fine line between sentiment and reality

There were a few shudders when the Bank of England hinted that interest rates may have to rise earlier than previously expected, but there are two key factors that should not be forgotten. The first is that any increase will be modest, and any return to what some people remember as a more ‘normal’ market will take years. The second point to remember is that the UK economy is growing faster than the best estimates have suggested, while moderating inflation, largely a reflection of sterling’s recent recovery, will be exceeded by growth in average wages.

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