Savills predicts UK house prices to rise by £61,500 by 2028, with an average 21.6% increase.
Savills forecasts UK house prices to rise by an average of £61,500 by the end of 2028, with property values expected to have increased by 21.6% on average across Britain. The revised forecast expects house prices to grow by 2.5% in 2024, up from a previous prediction of a 3% drop. However, Savills warns that the housing market remains sensitive to short-term fluctuations in the cost of debt and political uncertainty.
May 06, 2024
19 Articles