UK house prices are unlikely to rise much in 2024 as interest rate rises continue to bite.
- Professor of Real Estate, Heriot-Watt University
History indicates house prices are more likely to see a correction and prolonged stagnation, not a crash
Middle- and low-income households are being priced out of owning their homes as average house prices reach levels last seen in the 2000s.
A new study looks at the pure financial return of UK home ownership over 40 years to find consistently positive results.
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