00:01There's a widening regional divide when it comes to house prices as pressure mounted in April.
00:07Surveyors say prices are falling in London and much of southern England,
00:11while parts of northern England, Scotland and Northern Ireland remain more resilient.
00:15Higher mortgage rates and economic uncertainty are continuing to dampen buyer demand,
00:20with surveyors reporting weaker sales and subdued expectations.
00:24The rental market remains tight, with tenant demand rising while supply falls.
00:30Experts say conditions are likely to stay subdued until inflation and borrowing costs stabilize,
00:35particularly across southern regions where affordability pressures remain most acute for households in the UK market.
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