Scotland, Northern Ireland Lead U.K. House Prices: RICS

Scotland, Northern Ireland Lead U.K. House Prices: RICS

Assessment

Interactive Video

Business, Social Studies

University

Hard

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FREE Resource

The video discusses the UK housing market trends, focusing on the impact of stamp duty changes, surveyor optimism, and inventory levels. It explores the two-tier market structure, regional differences, and the effects of construction and planning changes. The potential impact of upcoming elections and interest rates on the market is also examined, with a focus on regional price increases in Scotland and Northern Ireland.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the lowest point for the house price gauge since May 2013 attributed to?

A rise in interest rates

A decline in buyer interest

A property tax overhaul

A decrease in housing supply

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did surveyors feel about the future of housing transactions after the stamp duty announcement?

Pessimistic

Neutral

Optimistic

Uncertain

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected impact of the stamp duty change on house prices?

No change in prices

Increase in prices

Decrease in prices

Fluctuating prices

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of home buyers are expected to benefit from the stamp duty change?

75%

98%

100%

50%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been identified as a long-term issue affecting the UK housing market?

High interest rates

Lack of supply

Excessive demand

Government regulations

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the upcoming general election affect the housing market?

Decreases buyer interest

Increases buyer confidence

Stabilizes prices

Creates uncertainty

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which regions in the UK have seen the highest year-on-year house price increases?

North East and North West

Scotland and Northern Ireland

London and South East

Wales and Midlands