MARKET REPORT: Housebuilders hurt as buyers wait for interest rate cuts
![MARKET REPORT: Housebuilders hurt as buyers wait for interest rate cuts](https://i.dailymail.co.uk/1s/2024/06/19/21/86326851-0-image-m-5_1718829848816.jpg)
Higher rates have caused potential buyers to hesitate as they wait for borrowing costs to fall. Shares in Berkeley fell 6.3%, or 316p, to 4694p.
Higher rates have caused potential buyers to hesitate as they wait for borrowing costs to fall. Shares in Berkeley fell 6.3%, or 316p, to 4694p.