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14.05.26 - 01:12
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Housing market in England and Wales weakening due to Iran war, say estate agents (The Guardian)
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Homebuyers more cautious due to possible mortgage rate rises and higher inflation as sellers sit on propertiesFears of higher mortgage rates and rising inflation as a result of the Middle East conflict are leading to a subdued and downbeat housing market, according to estate agents.Demand from potential homebuyers across England and Wales has shown a “noticeable softening” recently, according to a monthly survey of estate agents by the Royal Institution of Chartered Surveyors (RICS). Continue reading......
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09.05.26 - 12:30
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UK house price growth halved as Iran war fallout hits housing market (The Guardian)
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Halifax says cost of typical home fell by 0.1% in April, the second consecutive monthly drop, with pace of annual growth down from 0.8%. to 0.4%Business news – live updates UK house prices fell for a second consecutive month in April, as Halifax halved its estimate for the annual rate of growth owing to the conflict in the Middle East.Halifax, which is part of Lloyds – Britain's biggest mortgage lender – said that the cost of a typical UK home fell by 0.1% in April, to £299,313. This followed a 0.5% fall in March. Continue reading......
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19.04.26 - 08:06
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Hong Kong property may see uptick in ′safe haven′ demand as Iran war rattles Dubai market (SCMP)
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The US-Israeli war on Iran has unleashed sharp swings across global energy and financial markets, fuelling demand for safe-haven assets, with Hong Kong emerging as a potential beneficiary across gold, property and capital markets. In the second of a three-part series, we look at Hong Kong's position as a stable base where demand for property has held firm despite the global turmoil.
Hong Kong's property market is showing early signs of renewed safe haven demand, with a surge in luxury......
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12.04.26 - 08:06
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′We′re trapped′: despair for sellers as Iran war knocks confidence in UK housing market (The Guardian)
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Estate agents say rising mortgage costs have created a mood of fear, with Canterbury among the cities being hitHave you lost a mortgage deal or seen your rate rise?On a warm, spring morning in Canterbury, the cobbled streets are buzzing with activity and the white Tudor houses gleam in the sun.It is a scene that seems far removed from events in the Middle East, but the conflict is undermining business and consumer confidence – rattling the city's housing market just as the spring selling season began. Continue reading......
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