U.K. housing market stalling as buying demand records largest drop in over 20 years


Demand for U.K. houses is falling at its fastest paces since the pandemic began in early 2020 as “buyer caution” from soaring mortgage rates further weakens the property market, according to new figures. Data shows an index measuring the change in new buyer enquiries in October fell for a sixth consecutive month, dropping to -55%…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Limited Time 15% Promo!
Stocks rise to recover much of steep loss from day before
3.6 million people worked in forest-based activities
Tigercat introduces new niche skidder
U.S. home prices dropped for the first time in 11 years
The Fed Raises Again but Takes a More Dovish Tone