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30th Aug 2023 16:58U.K., Daily Monitor

  • House prices still have further to fall in order to bring buyer demand back in line with supply.
  • Caution among households also won't help, with expectations of further falls now entrenched.
  • But strong pay growth will offset some of the hit from higher mortgage rates; a 6% drop, now looks likely.

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Keywords for: 1 September 2023 UK Monitor

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