Wednesday, 4 November 2026

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Britain’s housing market unlikely to recover until 2028, says Savills

House prices forecast to fall by 1.5% next year as Middle East war keeps mortgage rates higher for longerBritain’s sluggish housing market is not expected to recover until 2028 as higher mortgage rates linked to the war in the Middle East deter buyers and weigh on prices.The property firm Savills said average house prices were expected to drift lower during…

House prices forecast to fall by 1.5% next year as Middle East war keeps mortgage rates higher for longerBritain’s sluggish housing market is not expected to recover until 2028 as higher mortgage rates linked to the war in the Middle East deter buyers and weigh on prices.The property firm Savills said average house prices were expected to drift lower during…

Read the full story on Business | The Guardian

Source: Business | The Guardian

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