Tax Fears Make UK Estate Agents Gloomy for First Time Since 2023
The UK estate agents have expressed pessimism for the first time since 2023, according to a recent survey. This shift in sentiment is primarily driven by concerns over potential tax increases and the overall economic outlook. The housing market is experiencing a slowdown, indicating a loss of momentum. The survey reveals that the industry's outlook has turned negative, reflecting the growing unease among estate agents regarding the future of the property market. This development comes as a significant change, as the sector had maintained a more positive stance for the past two years. The survey highlights the impact of economic uncertainty and the potential for tax policy changes on the confidence of real estate professionals in the UK.
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