Is this the last property boom? Economists predict ‘the death of house price cycles’

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

The annual rate of house price inflation across the OECD group of rich nations hit 9.4% in Q1 2021 - a 30-year high.

"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…