Housing and inflation

Inflation Surprise: Decreasing Inflation Rate and what it could mean for the property market?

Inflation Surprise: Decreasing Inflation Rate and what it could mean for the property market?

Inflation, the persistent increase in the prices of goods and services, can cast a shadow over various aspects of the economy, including the property market. However, for prospective homebuyers, a silver lining emerges when inflation takes a downward turn. The Bank of England faces less pressure to increase interest rates after inflation fell from 8.7% to 7.9% this week.

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