​The UK housing market is facing challenges

​The UK housing market is facing challenges, with house prices expected to experience modest growth over the next five years. Short-term declines of up to 10% in 2024 are forecasted, followed by a recovery starting in 2025, with prices predicted to rise by around 2.5% in 2025 and 3% in 2026.

Despite these fluctuations, the longer-term outlook remains positive, with an estimated 19.3% cumulative growth projected by 2027. This is due to the gradual return of confidence in the market, although factors like higher interest rates and tax changes will continue to affect the pace of recovery.

Read more about what the future holds for UK house prices and how this impacts investors: https://heyor.ca/ECkfSQ

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