Housing market prospects: 2015 and beyond

CBRE's latest housing forecast has found that the UK residential market is entering a sustainable growth phase, with a lower level of transactions and price growth likely.

CBRE's latest housing forecast has found that the UK residential market is entering a sustainable growth phase, with a lower level of transactions and price growth likely.

Mortgage regulation, coupled with wider affordability issues, with prospective interest rate rises, will lead to a slowdown in the growth of house prices across the UK. However, this will be counteracted by solid economic growth and the boost from recent Stamp Duty changes.

Over five years CBRE forecasts that national house prices will grow by 25%, with the London market continuing to lead the way. For 2015 CBRE is forecasting 6% national house price growth.

Click here to download our Housing Market Prospects report