Flats out of fashion with first-time buyers

First-time buyers are bypassing flats and moving straight into houses - leading to a fall in the cost of apartments, official figures suggest. The cost of a typical apartment or maisonette in England has fallen by 2.1% in a year, while other types of property have become more expensive. The cost of detached homes has been rising fastest, with semi-detached and terraced homes also going up, figures from the Land Registry show. Experts suggest people are buying their first home later and are happy to rent a flat, but not necessarily buy one.

BBC News (19/06/2019)   The Daily Telegraph (19/06/2019)