UK House Sales Gauge Hits Lowest Since 2023, Estate Agents Say

UK House Sales Gauge Hits Lowest Since 2023, Estate Agents Say

A closely watched indicator of the UK housing market plunged to the lowest level in almost two years after a property tax increase and Donald Trump’s trade war sent buyers into hiding.

Trump's Tarrif impact on UK Mortgage Rates - Property Notify

By Kate Faulkner OBE, UK Property Analyst (Property Checklists) With Trump’s tariff wars already sending financial markets yoyoing up and down and the likelihood that these trade wars will negatively impact both global and local economies, including the UK, at some point, this is likely to affect the mortgage market, too.  As evidence of this, it’s only a short time ago that we experienced something which on the surface appears to be a very simi…

UK house sales gauge hits lowest since 2023, estate agents say

A closely watched indicator of the UK housing market plunged to the lowest level in almost two years after a property tax increase and US President Donald Trump’s trade war sent buyers into hiding.

More Americans say it's a bad time to sell a house

President Donald Trump’s trade war has turned perceptions of the U.S. economy upside down, and data is beginning to trickle in on how tariffs might impact consumer behavior in the housing market. The latest numbers come from Fannie Mae‘s Home Purchase Sentiment Index, which measures consumer attitudes on housing using six questions from a national survey. The survey was conducted from April 1-18. Despite the market turmoil that followed the Apri…