The smallest monthly increase in house prices since June shows that the surge in house prices was losing steam even before the second lockdown was announced. With the economic outlook deteriorating and policy support set to be withdrawn early next year, there is a growing likelihood that some or all of the rise in house prices in 2020 is reversed in 2021.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services