Will house prices go up in 2025? Six property experts give their verdict
1 week, 5 days ago

Will house prices go up in 2025? Six property experts give their verdict

Daily Mail  

They also reveal their property hotspots - and not-spots - for next year House prices are not just a popular conservation topic, but a British obsession. Paula Higgins, chief executive of HomeOwners Alliance Last year's prediction: +2% Prediction for 2025: +4% I am predicting house prices to continue a steady climb through 2025 increasing by 4 per cent across the year. Stuart Cheetham, chief executive of MPowered Mortgages Last year's prediction: -5% Prediction for 2025: +5% In 2025, I expect we are going to overall see some positive house price growth of around 5 per cent but this will be nearer 10 per cent in some localised hotspots. House prices since early 2022 have been constrained by interest rates and whilst on paper half of UK homeowners own their properties outright, approximately 75 per cent of houses are purchased with a mortgage, so it is access to mortgage funding which drives the property market. After two years of negative house price growth in most areas but strong wage growth, house prices in real terms are some 14 per cent lower.

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