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Free AccessThe ongoing squeeze on household incomes will 'lead to a slower housing market, particularly compared to the rapid growth of recent years,' Kim Kinnaird, a director, at Halifax Mortgages said.
The trend is likely to continue through 2023 'as higher borrowing costs lead to reduced demand,' Kinnard added.
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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.The ongoing squeeze on household incomes will 'lead to a slower housing market, particularly compared to the rapid growth of recent years,' Kim Kinnaird, a director, at Halifax Mortgages said.
The trend is likely to continue through 2023 'as higher borrowing costs lead to reduced demand,' Kinnard added.