House price growth expectations have been reduced for this year amid wider global uncertainties, according to a forecast.
Previously, it had forecast house prices to increase by 4.0 per cent this year, with a 23.4 per cent rise over the next five years.
Recent economic and geopolitical uncertainty has contributed to a weaker first half of 2025 than previously anticipated, Savills said. And in London house price growth is expected to be only 15.3 per cent, the lowest in the country, as affordability continues to be most stretched in the capital.
Source The Standard
