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UK housing market slows as stamp duty holiday ends, house prices flatten, and buyer demand drops.
The UK housing market slowed down in March due to the expiration of the stamp duty holiday, according to the Royal Institution of Chartered Surveyors (Rics).
House prices flattened out, with a net balance of 2% of surveyors reporting prices rising.
Demand from new buyers fell into negative territory, with 32% reporting a decrease in demand.
In the rental market, tenant demand rose, but landlord instructions continued to decline.
The report suggests that US tariffs could add further uncertainty to the market.
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El mercado inmobiliario del Reino Unido se desacelera a medida que finalizan las vacaciones de impuestos de timbre, los precios de la vivienda se aplanan y la demanda de los compradores disminuye.