House buyers currently face 'perfect storm' despite prices being set to fall up to 30%

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Experts are at odds with one another over the property market - with some suggesting falls of 5% and others 30%

according to Halifax and Nationwide, but housing experts have said further falls are to come.

He has said 2024 will be a “very much more of a buyers market” and has predicted falls of around 30 per cent, with regional variation of between 15 and 50 per cent. “What I don’t think we’ll then see is house prices rebounding. They will move sideways. Hopefully earnings keep rising and that keeps improving affordability.

 

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