Pantheon Macroeconomics

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20th Dec 2022 15:06U.K., Daily Monitor

  • The official house price data rose by 0.3% month-to-month in October, despite the jump in mortgage rates.
  • But mortgage rates will stay high in 2023, and real disposable incomes will fall; house prices will drop...
  • ...We expect a peak-to-trough fall of 8%, though we are more optimistic on the longer-term outlook.

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house price house prices mortgage mortgage rates real disposable incomes

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Keywords for: 21 Dec 2022 UK Monitor

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