There was an unmistakeable cooling in the housing market in June as the new buyer enquiries balance slipped further into negative territory. With mortgage rates continuing to rise and the economy on the brink of recession, a fall in house prices looks inevitable.
UK Drop-In (20th July, 10:00 ET/15:00 BST): Could high inflation tip the UK economy into recession? What impact will the race to succeed Boris Johnson have on the economic and policy outlook? Join our UK team for a 20-minute briefing to mark the publication of their Q2 UK Economic Outlook. Register now.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.