American homebuyers are finding UK bargains, discounted by a weaker pound

International

  Street in Chelsea district, London Alexander Spatari | Moment | Getty Images American homebuyers are searching for bargains in the U.K., as a weaker pound contributes to double-digit price cuts. The fall in the British currency, which is off 17.5% against the U.S. dollar year to date, has made U.K. real estate cheaper for…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Widman’s Market Update, November 23, 2022
UK house price rally to end next year but no big crash expected
Lumber Futures – November 25, 2022
Investors’ home purchases drop 30% as price increases slow down
Asian Stock Market: Struggles to cheer softer Treasury yields as Covid lockdowns loom