HOUSE prices could fall by 10% next year according to property experts at Savills. And the amount that house prices could fall will vary by region – with some seeing prices cut by 12.5%. But …
are likely to lead to "downward pressures" on house prices in the months ahead.
"That, coupled with the significant cost-of-living pressures, means we expect to see prices fall by as much as 10% next year during a period of much-reduced housing market activity."The annual rate of house price growth also slowed to 7.2% in October down from 9.5% in September.now costs £268,282, according to Nationwide's index - down £3,977 from September when the average price was £272,259.
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