Mixed picture for housing market confidence

According to the latest housing market research from UK bank Halifax, only half of Britons expect house prices to rise, down from 58% last year, meaning confidence in house prices has remained at its lowest level since 2013. However, the survey showed that fewer people are negative about the market overall, with 17% predicting a fall in prices over the next year, down from 20% six months ago. People under 25 were the most pessimistic about buying or selling, while those aged between 55 and 64 were the most confident. Meanwhile fewer than a third of mortgage holders were concerned about the possibility of rising interest rates, down from 42% in 2014.

City AM (29/04/2018)