House prices to remain flat over next 12 months says property experts

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Happy New Year to all of our readers! As we look to what 2020 may bring us in terms of the property market we’ve found a really interesting short article from Property Industry Eye on the average house prices that it would appear are forecast to remain flat and could become a problem for first time buyers.

Last year ended with average house prices up 1.4% over the 12 months, Nationwide has reported.

https://propertyindustryeye.com/

December’s average price of £215,282 was slightly down on the £215,734 that the lender reported for November. Robert Gardner, Nationwide’s chief economist, said that this year he expects house prices to remain broadly flat.

To read the full article go to https://propertyindustryeye.com/house-prices-start-the-year-up-but-likely-to-remain-flat-over-next-12-months/