House prices are falling – we investigate expert predictions for 2020 and beyond


House prices in the UK are still falling, with the latest Halifax house prices index recording a fall of 0.1 per cent in June – the fourth consecutive month of declining property values. This confirms expert prediction of a house market slump, with the downward trend likely to continue well into 2021. The question now is: how much further will house prices drop, and how long will the downturn last?

A four-month downward trend in house prices has not been observed since 2010, in the aftermath of the financial crisis. Does this mean that it will once again take the property market over two years to recover from the financial blow, albeit this time delivered by Covid-19?



Read MoreHouse prices are falling – we investigate expert predictions for 2020 and beyond

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