House prices falling

Property prices started to fall on a monthly basis at the end of 2022, but the real downturn is about to hit as the market reels from the effects of soaring ...

The sheer number of house price indices can be overwhelming, each one showing a different aspect. One of the key predictions for the housing market comes at the time of each government Budget, when the Office for Budget Responsibility unveils its forecast. Aside from which data to use, another key way to analyse the current state of the market is to compare its trajectory with that of previous house price crashes.