Pantheon Macroeconomics

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1st Sep 2022 15:03U.K., Weekly Monitor

  • Low unemployment means few homeowners will be forced to sell up, and construction already is declining.
  • Landlords, however, likely will struggle to raise rents in line with the jump in their mortgage payments.
  • We expect the stock of homes on the market, therefore, to rise over the next year, weighing on house prices.

construction construction pmi developers house prices interest payments June labour ltv mortgage mortgage rates pmi rents rics rics survey unemployment

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Keywords for: 2 Sept 2022 UK Monitor

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