Why the UK’s housing slump may be ‘less painful’ for the wider economy than last time

Three scenarios for house prices and transactions volumes over the next five years have been presented by the Office for Budget Responsibility - an Upside, a Central, and a Downside.

Property firm prophecies "the end of a long period of uncertainty" in London and around the country - with positive growth on the cards for house prices, transaction volumes and rental values.

JLL forecasts price growth of 2.5% pa for the next five years as UK transitions into 'new paradigm'; PCL to be weakest performing region in 2018...