Economics

"It's over," declares The Guardian's Economics Editor, Larry Elliott. "An era of ever-rising house prices stimulated by cheap money is coming to an end."

“There is significant scope for countries to improve the design and functioning of housing taxes,” declares the OECD, as it advises high-income economies including the UK to cut residential transaction…

"There is no doubt that there is a cool breeze blowing in the London market,” says Roarie Scarisbrick of buying agency Property Vision - but the consensus amongst 21 prime property pundits canvassed…

"There are no ifs or buts in our commitment to the 2% inflation target,” said Andrew Bailey, as he confirmed a 0.5% base rate hike is "on the table" for August.

The signs all point to hard times around the corner, says James Wyatt, although London should maintain its ‘safe haven’ status.

Wealthy private client investors "have been operating against an unprecedented backdrop of macro-economic disruption," says Investec - but "these challenging times have failed to dampen sentiment and can…

A general election rather than a Tory party leadership vote would have an impact on the housing market, writes Knight Frank's Tom Bill - but that feels unlikely this year.

The US, UK, Canada, Australia, New Zealand, and Sweden are now all in the third stage of a property market downturn, suggests Neil Shearing, Group Chief Economist at Capital Economics.

With the press awash with fears of recession, fund manager-turned-buying agent Fraser Slater takes a closer look at the recent moves in various commodity prices and inflation expectations - and finds…

Property markets "tend to follow a predictable sequence in downturns," says Capital Economics - and the pattern has already started in the UK and USA.

“House price growth is peaking as supply rebuilds and mortgage rates normalise," says Knight Frank's research chief, Tom Bill.

Average house prices across the EU-27 have increased by 39% since 2016, while the UK has seen 31% growth.