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Evening Standard
Evening Standard
Anna White

Trump tariffs, uncertainty and interest rates: why London house prices could fall this year

Uncertainty is set to plague London's beleaguered housing market again this year leading to short-term price falls, according to experts, and preventing a sustained recovery in sales activity.

Trump tariffs and the stock market mayhem, the threat of a global downturn as well as a UK recession, job market concerns and stretched mortgage affordability have dampened buyer demand in the first three months of 2025 with early signs that house prices could fall in the capital.

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