A measured pace of house price growth is expected over the next few years, as bank rate cuts and falling mortgage rates ๐ are offset by high stock levels ๐๏ธ, a subdued economic backdrop ๐, and ongoing geopolitical risks ๐.
Growth of 1.6% is forecast by the end of 2025, rising to 2.0% in 2026 ๐ .
Almost half (47%) of agents expect prices in the sales market to stay the same over the next 3 months โก๏ธ, while 38% expect an increase ๐ผ.
Given high stock levels and strong competition among listings โ๏ธ, sellers need to remain realistic and price correctly from the outset to attract buyers ๐ฏ.
Source: Dataloft by PriceHubble (Poll of subscribers), HM Treasury April 2025, Average of Independent Forecasts