A Housing Market Held Hostage by Uncertainty The UK's housing market took a slight dip in July, with an estimated 96,710 home sales across the country last month.
This represents a 1% decrease from the same time last year and a 2% drop from June. The slowdown was predictable, given the volatile climate caused by ongoing uncertainty surrounding the Middle East conflict.
The resulting spike in mortgage rates earlier this year still weighs on buyers' minds.