Britain is ALREADY in recession and interest rates will rise AGAIN next month after today's hike to 1.25%, warn experts as Bank of England says inflation will top 11 % and cuts growth forecast
Annual price growth slows down but remains in double digits
The latest new-build sector insight by the new-build sales optimisation platform, Unlatch, has revealed that the Government has continued with its woeful efforts where new-build delivery is concerned, missing its latest target in 2021 by -39% – a shortfall of almost 120,000 homes.
May saw a slight slowing in the rate of annual house price growth to 11.2%, from 12.1% in April.
Inflation and high interest rates hit renters and landlords – but investors can mitigate impact.
Economist welcomes chancellor’s package but warns of economic cost if household expenditure drops.
The runaway house price growth of the past two years is set to slow as the wider economy braces for a period of stagflation, according to housing economists and analysts.
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