✉news BusinessReal Estate first seen 15 h ago, last 2 min ago, peak #1
Rate hike fears weigh on UK housing market, RICS says
The Royal Institution of Chartered Surveyors reports that fears of further interest rate increases are weighing on the UK housing market, dampening buyer demand and activity. Higher borrowing costs are making prospective buyers more cautious, and surveyors expect conditions to remain subdued while rates stay elevated.
Why now: Interest rate expectations are directly affecting mortgage costs and housing activity, making the property market outlook a live concern for buyers, sellers and policymakers.
RICSUK housing marketBank of England
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