A house price crash ‘is looking increasingly likely’, warn economists

News

UK house prices are "overvalued by a third and likely to fall", suggests Oxford Economics, while Capital Economics boss Roger Bootle thinks we could be looking at a 10-15% drop in property values - equivalent to a 20-25% drop in real terms.

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News

Another influential team of analysts expects a sharp downturn for Britain's property market, with London house prices likely to fall 15%.
News

Economists expect interest rates to spike and house sales to tumble - meaning the last year's worth of aggressive property price growth could be rolled back.
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House price inflation is likely to "unwind" back to single figures across the UK, predicts Knight Frank, although Prime Central London is set for higher price growth as global travel resumes.