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UK Economy and Property Market Update

UK Economy and Property Market Update

The Economy and Property Market Update is a new quarterly assessment of key macro, real estate and construction trends. It is designed to provide a concise summary  of both recent market newsflow and expectations.

Highlights from the latest update include:

Further interest rate hikes are likely over the coming months as inflation accelerates into double digits

The Bank of England now envisages the resulting recession will see the economy contract by more than 2%

A shift in sentiment is beginning to filter through into real estate markets

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