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19th May 2022 18:00U.K., Daily Monitor

Year-over-year growth in the official measure of house prices fell to 9.8% in March, from 11.3% in February.

Surging mortgage rates and falling real disposable incomes will cause house price growth to slow further.

We expect house prices to level off in H2, leaving the year-over-year rate at around 5% at the end of 2022.

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Keywords for: The Start of a More Protracted Slowdown for House Price Growth?

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