Despite house prices rebounding by 0.4% m/m in March, the annual rate of house price growth dropped to a three-year low of 2.6%, down from 2.7% in February. We expect that, as existing home sales trend lower in the upcoming months, this house price inflation will eventually turn into deflation.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.