Foxtons' Strongest Pipeline Since Brexit Signals Housing Rebound.

التفاصيل البيبلوغرافية
العنوان: Foxtons' Strongest Pipeline Since Brexit Signals Housing Rebound.
المؤلفون: Hughes-Morgan, Charlotte (AUTHOR)
المصدر: Bloomberg.com. 4/18/2024, pN.PAG-N.PAG. 1p.
مصطلحات موضوعية: *CONSUMER behavior, *BRITISH withdrawal from the European Union, 2016-2020, *BUSINESS revenue, *WAGE increases, *RENT
مستخلص: London estate agent Foxtons Group Plc has seen a surge in its sales under-offer pipeline, reaching its highest level since 2016. This indicates that lower borrowing costs and strong wage growth are attracting hesitant buyers back to the UK property market. The value of property under offer was 34% higher than the previous year, and sales revenue increased by 17% in the quarter. Foxtons' CEO, Guy Gittins, expressed optimism for the rest of the year based on these positive trends. However, the rental business was more subdued, with lettings revenues remaining flat. [Extracted from the article]
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قاعدة البيانات: Business Source Index