14 Days
Source:
The Guardian
UK house prices decline first time this year
UK house prices fell for the first time this year in May, declining by 0.6% due to rising mortgage interest rates triggered by the Iran war and increased energy costs. Despite a 1.7% annual increase, market slowdown was expected as higher borrowing costs reduce housing demand. Experts suggest that if energy prices stabilize, the softening of the housing market may be temporary.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)