
Slowly Speeding Up
Blind Spots & Unknown Risks
High Density Development Sector
The latest data shows a mixed picture for the state of the UK housing market. The hangover from the Truss turmoil is slowly clearing and some leading indicators for activity are back near pre-pandemic levels. However, the housing market is highly seasonal so the next couple of months could be the best it will get this year. Meanwhile, the rapid exit from record low interest rates may be easing but we are only just beginning to find out what a decade of this has done to the UK’s economy, financial system, and housing market. It is far from over.
Continue reading “Market Commentary – March 2023”