November 2023 - U.K. Housing Watch

MORTGAGE RATES TO FALL FASTER THAN WE EXPECTED IN Q1...

• ...WE NOW FORESEE A 5%, NOT 6%, PEAK-TO-TROUGH FALL IN PRICES

Samuel Tombs (UK Economist)U.K.

September 2023 - U.K. Housing Watch

THE OUTLOOK FOR MORTGAGE RATES HAS IMPROVED...
...SUGGESTING HOUSE PRICES WILL BOTTOM OUT IN EARLY 2024

Samuel Tombs (UK Economist)U.K.

August 2023 - U.K. Housing Watch

STRONG WAGE GROWTH HAS IMPROVED AFFORDABILITY...
...SO WE EXPECT A LESSER 6% HOUSE PRICE FALL FROM THE PEAK

Samuel Tombs (UK Economist)U.K.

July 2023 - U.K. Housing Watch

• THE RUN OF RAPID CONSUMER PRICE RISES IS OVER...
• ...THE MPC'S JOB IS ALMOST DONE

Samuel Tombs (UK Economist)U.K.

June 2023 - U.K. Housing Watch

• THE MPC WON'T NEED TO HIKE RATES TO 6% TO STAY INFLATION...
• ...LEADING INDICATORS ARE ENCOURAGING; JOB MARKET SLACK WILL BUILD

Samuel Tombs (UK Economist)U.K.