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Will house prices fall after lockdown, and what has to happen for a worst case 30pc market crash?

  • 📰 The Telegraph
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  • 2 min. at publisher
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  • News: 4%
  • Publisher: 63%

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So few property sales are taking place that the Office for National Statistics can no longer measure house prices. So how far will they fall? 📉

The property market is in unprecedented territory. Newly agreed sales have fallen by 90pc since lockdown, according to the property portal Zoopla. This is a product of the housing market freeze, as sales effectively cannot happen.

 

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They won't fall because supply has stalled with new build sites mothballed. Demand will ramp back up as lockdown eased. Will take a while for supply to catch up.

15%

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 /  🏆 41. in KR

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