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The Independent UK
The Independent UK
National
Emily Atkinson

What will happen to house prices as interest rates rise?

PA Archive

The housing market has been subject to a year like no other – starting 2022 on the back of months of record-breaking increases in house prices, astronomic demand, and properties selling more rapidly than ever before.

But the soaring cost of living, burgeoning inflation and the subsequent raising of interest rates in order to temper rampant rising prices and diminished spending power saw the return of a housing market akin to the kind we had seen in the years pre-pandemic.

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