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The Nexus
BUSINESSMay 13 · 23:01 UTCTHE GUARDIAN WORLDTom Knowles

Housing market in England and Wales weakening due to Iran war, say estate agents

The housing market in England and Wales is weakening due to fears of higher mortgage rates and rising inflation caused by the Middle East conflict. Estate agents report a noticeable softening in demand from potential homebuyers. Sellers are holding onto properties, further subduing the market.

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