According to Jinshi, a survey by real estate website Rightmove showed that the annual price of houses for sale in the UK rose for the first time in six months due to stronger buyer demand, indicating that the UK real estate market has stabilized. After a slowdown, the UK real estate industry has rebounded in recent months as mortgage rates have fallen and the market expects the Bank of England to cut interest rates this year. Rightmove said that agreed sales in the first six weeks of 2024 increased by 16% year-on-year and 3% from 2019 before the pandemic. Tim Bannister, director of science at Rightmove, said he was only cautiously optimistic because mortgage rates were still at historical highs.