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Evening Standard
Evening Standard
Business
Daniel O'Boyle

Housing market 'primed to surge' after election as interest rate cuts come into view

Boris Johnson Sir Keir Starmer Interest Rates Halifax

The UK’s prospective home buyers and sellers are in ‘wait-and-see’ mode as house prices held steady in May amid uncertainty about the general election and interest rates outlook, new figures show.

But experts predicted a surge in demand could be on the way soon, once the general election is out of the way and interest rates start falling.

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