Housebuilding numbers set to fall ‘significantly’ next year – Savills

House prices are likely to bottom out at the end of 2024, before "recovering slowly" to reach their late-2022 peak level in the second half of 2027.

"Low consumer confidence, the squeeze on real incomes, and the expectation of mortgage rate rises to come are expected to contribute to continued falls in house prices and a reduction in housing market…

“Prime Central London offers a real buying opportunity" this year, says Savills, as it predicts >20% price growth over the next five years.