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✉news BusinessReal Estate first seen 22 h ago, last 3 h ago, peak #1

Rate hike fears weigh on UK housing market, RICS says

Higher interest rate expectations are dampening activity in the UK housing market, according to the Royal Institution of Chartered Surveyors. Buyers and sellers are holding back as mortgage costs are expected to rise further, adding pressure to an already slowing property market.

Why now: Concerns about further interest rate increases are making households and investors reassess property decisions.

RICSUK housing marketBank of England

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