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UK home buyer demand weakened in March due to rising mortgage rates and global uncertainty.
UK home buyer demand weakened in March due to rising mortgage rates and global uncertainty, according to Zoopla.
Agreed sales dropped 2% annually as inquiries fell 13%, though some regions like London saw stability.
The market remains supported by a quarter of cash purchases and existing homeowners with pre-approved financing, helping to sustain sales short-term.
House prices rose 1.3% annually, with the strongest growth in more affordable areas like the North West.
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La demanda de vivienda en el Reino Unido se debilitó en marzo debido al aumento de las tasas hipotecarias y la incertidumbre global.