
United Kingdom· LondonUK House Price Growth Slows Below Expectations in July
The UK's national house price index for July increased by only 1.8% year-on-year, falling short of forecasts and indicating a clear cooling of the housing market.
Quorum · collective opinions
UK House Prices Fluctuate Amidst Economic Pressures and Iran War Impact
First report 2h agoLast update 9m agoSome mortgage lenders report that UK house prices returned to growth in July, with buyers weathering higher borrowing costs better than anticipated.
House prices are slumping as the Iran war and high interest rates negatively impact demand in the housing market.
National house price index shows slower growth than expected in July, indicating a cooling market due to high interest rates and living costs, potentially increasing calls for interest rate cuts.
iWitness comments
No comments yet — be the first to weigh in.