Research Briefing
| Apr 1, 2021
UK | House price inflation may soon be running on empty
The unexpected resilience of house prices last year sets 2021 up to be another year of rising values. But unsupportive macro factors and the end of the stamp duty holiday lead us to suspect some correction may not be long in coming.
What you will learn :
- Base effects and government support mean we expect 2021 to be another year of house price inflation.
- Measures announced in March’s Budget should boost housing demand in the short term.
- But higher unemployment, falling household incomes, and inaction at the BoE present contrary forces.
Tags:
Related Services
Post
US-UK trade deal shows tariffs are here to stay
We will not change our US forecasts based on the latest US-UK deal and what it signals for future agreements.
Find Out More
Post
US Tariff effects – Here, there, but not yet everywhere
The impact of President Donald Trump's trade war is more visible in some data than others. While tariffs had their fingerprints all over Q1 GDP, it was only in the details of the April jobs report that some tariff effects could be discerned.
Find Out More