🔁Mario Nawfal:
🚨 🇬🇧 LONDON FACES BIGGEST HOME PRICE DROP IN UK AS MARKET SLOWS
London property prices are set for the sharpest drop in the UK, driven by economic uncertainty and soaring taxes, according to the Royal Institution of Chartered Surveyors.
The market slowdown hits as new buyer inquiries plunge to their lowest since late 2023, revealing weakened buyer confidence across Britain.
Analysts blame a brutal mix of higher mortgage costs, tighter credit conditions, and persistent inflation squeezing buyers—especially in the capital, where high prices amplify vulnerability.
London's downturn is set to ripple nationwide, underlining growing risks in Britain's housing market as economic headwinds intensify.
Source: Bloomberg
https://x.com/MarioNawfal/... https://x.com/MarioNawfal/...
🚨 🇬🇧 LONDON FACES BIGGEST HOME PRICE DROP IN UK AS MARKET SLOWS
London property prices are set for the sharpest drop in the UK, driven by economic uncertainty and soaring taxes, according to the Royal Institution of Chartered Surveyors.
The market slowdown hits as new buyer inquiries plunge to their lowest since late 2023, revealing weakened buyer confidence across Britain.
Analysts blame a brutal mix of higher mortgage costs, tighter credit conditions, and persistent inflation squeezing buyers—especially in the capital, where high prices amplify vulnerability.
London's downturn is set to ripple nationwide, underlining growing risks in Britain's housing market as economic headwinds intensify.
Source: Bloomberg
https://x.com/MarioNawfal/... https://x.com/MarioNawfal/...
2 months ago
