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Evening Standard
Evening Standard
Anna Wise

Homebuyer interest dipped after mortgage rates rise, builder Bellway says

Bellway Housing Market Newcastle United States

Interest in homebuying dipped in April and May in response to a jump in mortgage rates, and building costs have climbed following the Middle East energy shock, housebuilder Bellway said.

The Newcastle-based company said recovery in the housing market could slow as a result of the challenges.

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