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It's a buyers' market after a deluge of homes listed for sale in recent weeks

The property market is being swamped with listings, according to the latest house price data from Zoopla.



The UK property market is experiencing a surge in homes for sale, up 11% year-on-year, creating a buyer's market. This increase is expected to continue, leading to slower house price growth. First-time buyers face reduced stamp duty relief and higher council tax on second homes may further increase supply. Mortgage rates remain between 4-5% and are a headwind for the market.

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