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The Island Nation Has Been in a Deep Recession for Twenty Months, and Worrying News Has Arrived About the Real Estate Market.

Summary by Portfolio
UK house prices fell again in August and the latest rise in mortgage rates could dampen activity in the autumn season. At the same time, the UK construction industry is contracting for the twentieth consecutive month and the pace of housebuilding has slowed further, says Knight Frank Research, summarising the situation in the UK's residential property market.

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The Island Nation Has Been in a Deep Recession for Twenty Months, and Worrying News Has Arrived About the Real Estate Market.

UK house prices fell again in August and the latest rise in mortgage rates could dampen activity in the autumn season. At the same time, the UK construction industry is contracting for the twentieth consecutive month and the pace of housebuilding has slowed further, says Knight Frank Research, summarising the situation in the UK's residential property market.

·Budapest, Hungary
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Portfolio broke the news in Budapest, Hungary on Wednesday, September 9, 2026.
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