The housing market has slowed amid the mortgage crisis, with experts warning it is like a “ticking time bomb” before it crashes. This morning’s House Price Index from the Office for National Statistics (ONS) show average UK house prices increased 3.5 per cent in the 12 months to April 2023, but this was down from 4.1 per cent in March 2023. Experts give their opinions:
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Link to Original Article: City AM - Housing market a ‘ticking time bomb’ as prices slow amid mortgage mayhem