House Price Growth Likely To Be Curbed By Supply Boost Next Spring

Despite rising inflation and the end of both the furlough scheme and stamp duty holiday, UK house price growth continues to deny economic gravity as we head into the festive period. However, what goes up must surely come down - eventually. The latest market analysis from Knight Frank shows that a combination of rising interest rates and a much-needed increase in housing supply are the likely culprits to end the seemingly never-ending streak of stronger than usual house price growth. Nationwide reported that the average UK price exceeded £250,000 in October for the first time. Read more on the Property Reporter website.

https://www.propertyreporter.co.uk/property/house-price-growth-likely-to-be-curbed-by-supply-boost-next-spring.html