2022
DOI: 10.2478/picbe-2022-0033
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Analysis of real estate market in United Kingdom

Abstract: Most people make very few real estate transactions on life transactions, and these, in addition to the fact that the most important financial transaction in which they are involved, also have a high degree of complexity from a legal and financial point of view. This finding is valid in all countries with market-based economic systems, regardless of their degree of development. The three elements that are common to real estate transactions in these states are: meeting demand with supply, transfer of property ri… Show more

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“…The real estate market is a cornerstone of the economy, influenced by various factors such as interest rates, building costs, and disposable income [1]. However, this sector faces uncertainties exacerbated by events like the COVID-19 pandemic, which can impact investor sentiments and market performance [2]. Despite these challenges, the real estate industry remains a significant contributor to the global economy, particularly within the residential property sector [3].…”
Section: Introductionmentioning
confidence: 99%
“…The real estate market is a cornerstone of the economy, influenced by various factors such as interest rates, building costs, and disposable income [1]. However, this sector faces uncertainties exacerbated by events like the COVID-19 pandemic, which can impact investor sentiments and market performance [2]. Despite these challenges, the real estate industry remains a significant contributor to the global economy, particularly within the residential property sector [3].…”
Section: Introductionmentioning
confidence: 99%