UK House Sales Gauge Hits Lowest Since 2023, Estate Agents Say
A closely watched indicator of the UK housing market plunged to the lowest level in almost two years after a property tax increase and Donald Trump's trade war sent buyers into hiding.
The Royal Institution of Chartered Surveyors said its gauge of agreed sales dropped to minus 31 in April, meaning estate agents reporting a decline outnumbered significantly those seeing an increase. The reading was last weaker in August 2023.
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