Lloyds expects house prices to fall this year
Lloyds Banking Group predicts that average property prices will fall by 3.8% by the end of 2021, with a downside risk warning of negative growth until at least 2024.
Only one in five people expect UK house prices to fall next year
A recent survey has also found that British buyers are more likely to put forward a lower offer than asking price compared to their European counterparts.
CEBR predicts 14% fall for UK house prices next year
Economists warn of a "significant fall" for house prices as wider economic turmoil catches up with the property market.
By PrimeResi
House prices: Why the risks of a fall are higher than most people think
"The fact that house prices have been rising quickly over the last year makes the market more vulnerable to external shocks to the economy," says Professor Geoff Meen, as he warns "there are numerous …
By Geoff Meen
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