Forecasts
‘Too soon to call an end to the house price correction’, say economists
Britain's housing downturn 'has some way to run,' says Capital Economics.
Property price declines are ‘running out of steam’ in most major markets
Oxford Economics thinks 'further significant corrections are unlikely' for global house prices.
Leading economists expect ‘decade-low’ mortgage growth into 2024
'As mortgage rates reach their highest since 2008, economic growth remains subdued and weakening housing market sentiment drives down demand,' says the EY ITEM Club in its latest forecast.
PCL market to avoid price falls in 2024 & see five-year growth of 18.7% – Savills
Prime Central London is a ‘buy', says agency, as latest predictions show UK's high-end markets bottoming out next year and recovering more quickly than the mainstream.
Property prices to bottom-out in 2024, predicts JLL
Property firm expects 'a gradual improvement in the economy' and highlights 'a positive outlook for the residential sector' - despite a 'significant undersupply of homes' that's set to 'worsen further'…
Zoopla expects average house prices to fall 2% in 2024
'The risk of a major collapse in house prices is becoming less of a concern,' says Zoopla, although some areas could see a 5% decline next year.
House prices to continue falling through 2024, predicts Lloyds
Average property values will be 7% lower at the end of 2024 than at the start of 2023, says major mortgage lender.
Forecast: PCL rents set to soar 24% by 2027, while property values likely to climb 8%
Knight Frank has updated its property market forecasts, expecting Prime Central London prices to out-perform other markets over the next five years.
Election 2024: Prime property sector sees “cause for optimism” in the prospect of a Labour government
'The likelihood of an incoming Labour government no longer feels like a massive threat to prime property markets in London and the country,' says Middleton Advisors.
Rents to rise four times faster than house prices to 2026, predicts top agency
"We think that 2025 will mark the beginning of a new property market cycle, with London leading the way, outperforming all other regions for the first time since 2015," says Hamptons' Head of Research
From Boomer Power to Runaway Rents: Six property market trends to watch in 2024
As Hamptons updates its sales and rental market forecasts for the next few years, Aneisha Beveridge and her research team highlight six key trends to watch in 2024...
Currency Matters: Why is GBP struggling to get going again & what does it mean for prime property?
With no end in sight for the current uncertainty, David Huggett explores the important relationship between currency and real estate markets.