CBRE upgrades UK house price forecast

"House prices have risen significantly faster since the start of the pandemic than we had expected, says the Office of Budget Responsibility.

"We’re more likely to see a continuation of modest price growth, such as we’ve witnessed during the last five years, rather than a boom followed by a bust," says Hamptons, as it forecasts the start…

UK property prices 'are approaching the limit that current incomes and credit conditions can support', says CBRE, and 'there is little to suggest a rebound in sales volumes'.