Market News
End of tax breaks and economic uncertainty weighs on UK housing market, RICS survey shows - REUTERS
LONDON, April 10 (Reuters) - Britain's housing market lost steam last month as demand faded from buyers who had been rushing to purchase homes before tax incentives ended, while concerns mounted about the outlook for the UK and global economy, a survey showed.
The Royal Institution of Chartered Surveyors' measure of new buyer enquiries fell to its lowest since September 2023 at a net balance of -32 in March, down for -16 in February.