Will house prices drop? Experts issue damning growth warnings

Date:


While good news for sellers, those figures will make for sobering reading for anyone hoping to buy.

Those positions could soon change, according to experts, as the housing market may reach its peak in 2022.

UK house price growth “must be close” to a peak, according to Tom Bill, the head of UK residential research at Knight Frank estate agency.

He told The Times the cost-of-living squeeze, coupled with rising mortgage rates, will “pull prices back down to earth”.



LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

Anti-aging: Lisa Snowdon's 'gentle' face yoga massage to make her eyes look younger

Lisa Snowdon, 50, uses facial massage to help...

Homes Under the Hammer buyer triples house price by spending just £9,000 – pictures

Homes Under the Hammer host Martel Maxwell was...

'Golden rules' to get the most from growing your own veg – tomato plants 'can yield kilos'

Plants are available from garden centres at the...