OBR revises house price forecasts downward for 2026
The Office for Budget Responsibility has lowered its house price growth forecasts for 2026 and 2027, citing elevated mortgage rates and stagnating wage growth as constraining factors. Property transactions are also expected to decline 4% compared to previous estimates. The post OBR revises house pri

<p>The Office for Budget Responsibility has lowered its house price growth forecasts for 2026 and 2027, citing elevated mortgage rates and stagnating wage growth as constraining factors. Property transactions are also expected to decline 4% compared to previous estimates.
The post OBR revises house pri</p>