Savills forecasts 1.5% house price fall for next year
Savills has forecast a 1.5% decline in UK house prices for next year, citing prolonged geopolitical tensions and persistently high mortgage rates as key factors. The estate agency expects mortgage rates to remain above 5% until early 2028, with a total peak-to-trough price decline of approximately 3
<p>Savills has forecast a 1.5% decline in UK house prices for next year, citing prolonged geopolitical tensions and persistently high mortgage rates as key factors. The estate agency expects mortgage rates to remain above 5% until early 2028, with a total peak-to-trough price decline of approximately 3</p>