Latest
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Property sales set to slump to lowest level since 2012
Higher mortgage rates and the cost of living crisis are forcing homebuyers to rethink their plans, and these headwinds could push property sales to the lowest level since 2012 according to Zoopla.
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RICS: the outlook for house prices is getting worse
The latest data from the Royal Institution of Chartered Surveyors found the outlook for the UK housing market is reaching levels not seen since 2009.
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UK house prices: half of sellers cut asking prices to secure a sale
Property price reductions have reached their highest level in at least nine years.
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Halifax: House prices fall for the fourth month in a row
Higher interest rates have wiped nearly £1,000 off the average UK house price between June and July.
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Nationwide: House prices fall at fastest rate since July 2009
High borrowing costs continue to undermine the housing market, but some buyers are making their move before rates rise further.
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ONS: House price growth flattens in May
A fall in house price growth has wiped £7,000 off September 2022’s peak. Meanwhile, private rental prices are rising at their fastest rate for seven years.
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Rightmove: asking prices fall by £905 in July
Rising mortgage costs and fewer available homes are driving asking prices downwards, says Rightmove
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House prices fall as buyers back away from the market - RICS
House prices fall while buyer demand is expected to remain subdued as two-year mortgage fixes hit 6.66%
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The UK housing market is facing its biggest test in 70 years
Low-cost mortgages have inflated house prices and the housing market, but this trend is set to go into reverse as the cost of borrowing rises says Dominic Frisby.
