Inflation falls to lowest level since summer 2022. Better inflation news today with the overall rate dropping to 8.7%. Still very high relatively but heading in the right direction. The government want to half inflation by the end of the year (5%) and some forecasts predict it may even be 3% by Christmas. Falling inflation should probably mean the cycle of interest rate rises we are seeing should be drawing to a close giving a clearer outlook to the housing market moving forward.