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Housing Today
Trusted media brand of the Chartered Institute of Housing
House sales at weakest level since first Covid lockdown
RICS’ latest Residential Market Survey of estate agent suggests high mortgage rates are impacting on buyer activity
The number of house sales being agreed is dropping at the fastest rate since the early stages of the Covid-19 pandemic last month, according to a Royal Institution of Chartered Surveyors (RICS) survey.
Higher mortgage rates are impacting on buying activity with sales and enquiries down in July, according to respondents to RICS’ UK Residential Market Survey.
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