What Will Happen To House Prices 2023
Analysts at credit suisse have warned that higher interest rates, inflation and the risk of recession could lead to house prices falling by between 10% and 15% next year. In addition, it believes interest. Uk homeowners will need to get used to paying more for their mortgages, with the higher costs potentially triggering a property price fall of as much as 5% in. With less demand, this will drive prices down, despite the continued lack of supply,” said jeff knight.
Now, real estate researchers are dialing down their home price forecasts. In addition, it believes interest. Uk homeowners will need to get used to paying more for their mortgages, with the higher costs potentially triggering a property price fall of as much as 5% in. According to moody's analytics' proprietary housing data, as reported by fortune, home prices will rise 0% next year (2023), a significant decrease from the 19.7 percent price.