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2021 likely to see house price surge reversed

The government’s plan to end the furlough scheme and the stamp duty holiday in the spring sets the housing market up for a hangover from the surge in prices in 2020. As a result, we are more downbeat on the prospects for house prices in 2021 than most other forecasters. But so long as vaccines prove successful in ending the pandemic, a swift economic recovery should prevent a house price crash.

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