Tuesday 1 November 2016

House Prices To Remain Flat Until 2019

House price growth will be "subdued" and largely flat until 2019, with a slowdown in the number of new homes built, due to uncertainty over Brexit negotiations, property group JLL has forecast. Across the UK, JLL has said that prices will increase by 0.5pc in 2017 and 1pc in 2018, before rising 2pc in 2019 and 4pc in 2020, as confidence grows, and with little risk of any big price corrections. This largely mirrors house price growth predictions for the most expensive properties in London, and in Greater London house prices will rise by 3pc in 2019. House prices in Wales, the north-east and south-west of England are all forecast to grow at the slowest rates in the country. Read more on the Daily Telegraph website.

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