Soaring house prices in 2020 likely to slow this year, says Halifax
The lender says it expects “downward pressure on house prices” in 2021 following annual rise of 6% last year. …
“With the pace of the UK’s economic recovery expected to be constrained by the renewed national lockdown, and unemployment widely predicted to rise in the coming months, downward pressure on house prices remains likely as we move through 2021,” said Russell Galley, managing director at the Halifax.
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