UK house price boom ‘to end in 2022 amid cost of living squeeze’

Mortgage lender Halifax forecasts growth will be ‘broadly flat’ next year

The boom in UK house prices is likely to end next year as household finances become increasingly stretched, according to Halifax.

The mortgage lender said it expected the red-hot increases in average house prices over the last two years – 8% so far this year and 6% in 2020 – to end, with growth forecast to be “broadly flat” in 2022.

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Coronavirus | The Guardian

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