UK house prices ‘could easily fall 10% to 15%’, suggest economists
Economists expect interest rates to spike and house sales to tumble - meaning the last year's worth of aggressive property price growth could be rolled back.
What to read next
Market-watchers agree house prices will fall – but by how much?
A raft of influential property market-watchers have torn-up their house price forecasts, now anticipating a particularly rough year ahead for the housing sector as the wider economy struggles.
House prices are set for a correction not a crash, says JLL
House prices crashes have been rare in the UK, says JLL's research chief, Marcus Dixon - and average prices have never slumped by more than 20%.
Economists predict ‘at least 10%’ slump for UK & US house prices next year
Credit Suisse has reiterated its prediction of a significant correction for global house prices.
Most read
New platform opens door to distressed property deals
Exclusive: Receiv-r promises an early heads-up on property and land opps - and already has a big-name brokerage on board.
£37.5mn Banda-designed super-duplex unveiled at The OWO
In Pictures: Top-end studio delivers 3,804 sq ft heritage-inspired residence at luxury Raffles-branded scheme in Whitehall.
Where did the Knightsbridge buyer go? James Moran on PCL’s shifting geography
Middleton Advisors' London sales boss explores the changing fortunes of one of the capital’s most famous enclaves - and where today’s moneyed purchasers have been turning their attention.
In Pictures: Historic Cotswold estate hits the market at £15mn
Substantial pile with Sims Hilditch interiors and a party barn launches with autumn selling season in full swing.
Government ramps up plans to regulate property agents
Update Industry Reactions: Ministers unveil licensing regime and independent regulator, going much further than proposals announced last year.
Alexander Main brings in senior hire for big lettings push
Former Domus Nova & Foxtons operator joins line-up to lead ambitious two-year-old agency’s new division.
Grand Registry: Surveying the latest big-ticket deals to hit the official record
Land Registry data reveals a telling resale at one of Kensington’s most prestigious schemes, alongside a clutch of eight-figure deals across the capital.
Property billionaire swaps Holland Park for Monaco
David Reuben becomes the latest big name to leave the UK, joining a Monaco set now controlling some £77bn of Rich List wealth.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Value is in the eye of the buyer: Frances McDonald on Prime Central London’s new market reality
The Savills research chief highlights key trends at play in PCL, including some surprising statistics...
LATEST ARTICLES
Tories set out stall for housing policy shake-up
Conference season brings a fresh batch of pledges, with Stamp Duty abolition, a new developer levy and a cull of housebuilding rules in the mix.
Record transfer window kicks off super-prime rental bonanza
Savills handled more than 20 player and manager relocations over the summer, including a string of deals in Cheshire at more than £30k a month.
Super-prime London scheme lands double win at global branded residence awards
Raffles-branded project takes European and urban titles at inaugural awards programme for booming sector.
Prime London rents climb as landlord squeeze tightens supply
Knight Frank blames rising borrowing costs and 'increased taxation and red tape' for the capital's dwindling rental supply.
Property billionaire swaps Holland Park for Monaco
David Reuben becomes the latest big name to leave the UK, joining a Monaco set now controlling some £77bn of Rich List wealth.