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 inflation still slowing, but not fast enough for seniors
The spotlight focused on this week’s consumer price report to see if it raises more questions about the Fed’s decision to cut rates so aggressively at its mid-September meeting.
Find Out More
Post
The US consumer will remain a pillar of strength
We are significantly raising our forecasts for consumer spending growth over the next few years. We expect real consumption growth to accelerate to 2.7% in 2025, up from our previous forecast of a slowdown to 2.1%.
Find Out More