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Housing Today
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Moody’s raises outlook for 33 housing associations
Rating agency changes outlook to ‘stable’ due to expectations of falling inflation and providers’ caution on development spend – but downgrades for Riverside and Greensquare Accord
Moody’s has raised its outlook for 33 housing associations from ‘negative’ to ‘stable’ amid confidence about falling inflation.
The ratings agency action means it now considers there is a lower likelihood of a rating change for the associations over the medium term, whereas previously it thought rating downgrades were more likely.
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