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17th Jan 2024 21:31UK, Daily Monitor

  • The official house price index will fall further in Q1, in response to last year's rise in mortgage rates...
  • ...But mortgage payment affordability will improve rap- idly this year, as rates come down and incomes rise.
  • The timeliest indicators of house purchase demand have rebounded; prices will return to their peak by year-end.

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Keywords for: 19 January 2024 UK Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence