Housing market in England and Wales weakening due to Iran war, say estate agents
Published by WarSignal Editorial · Last updated
Homebuyers more cautious due to possible mortgage rate rises and higher inflation as sellers sit on properties Fears of higher mortgage rates and rising inflation as a result of the Middle East conflict are leading to a subdued and downbeat housing market, according to estate agents.
Demand from potential homebuyers across England and Wales has shown a “noticeable softening” recently, according to a monthly survey of estate agents by the Royal Institution of Chartered Surveyors (RICS). Continue reading...
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