The New Year Housing Market Predictions
Experts warn of a fall in prices within the housing market in the new year. Even though Halifax has reported the fastest rate of property inflation in four years with an increase of 7.6% over the past 12 months, many believe this is not sustainable long term. The ReallyMoving price analysis suggests that the property market will see the house prices fall by -1.2% in January and -2.5% in February. The end of the stamp duty holiday, as well as the furlough scheme in March, are going to further…