Hopes high for level UK property market in 2023

UK property markets will hopefully flatten out in 2023, according to a property expert as the country left behind an unsteady year in which prices went up and down.

In the last year, rising mortgage rates and costs of living added to the enduring effects of the coronavirus pandemic, not only on house prices but on the entire property market.

Though the housing shortage and demand are still high, this year is expected to at least not be as bad as 2022.

Real Estate Credit Investments Limited (LON:RECI) is a closed-ended investment company which originates and invests in real estate debt secured by commercial or residential properties in Western Europe, focusing primarily on the United Kingdom, France and Germany.

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