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21st Mar 2022 00:00U.K., Daily Monitor, Weekly Monitor

  • House prices appear to have risen further in Q1, but timely data suggest that buyer demand now is cooling.
  • The outlook for rising mortgage rates, falling real incomes and low confidence does not bode well.
  • We expect year-over-year growth in house prices to slow from its current 10% rate to 3.5% by year-end.

bsa property tracker buyer demand consumer confidence cpi cpi inflation disposable income headline index house price house prices housing market ltv March mortgage mortgage approvals mortgage rates ois rate hike rics savings

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Keywords for: The Housing Market's Strong Start to the Year will Not Endure

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