UK housing transactions forecast downgraded on rate volatility

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UK housing transactions are expected to fall below initial forecasts for 2026, according to analysis from Zoopla, as mortgage rate volatility and economic uncertainty continue to impact buyer activity. Bank of England data showed net mortgage approvals for house purchases decreased to 56,200 in May, below the six-month average of 63,300.

The post UK housing transactions forecast downgraded on rate volatility appeared first on PropertyWire.

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