Savills forecasts 1.5% fall in UK house prices in 2027, sees recovery from 2028

Savills forecasts a 1.5% fall in UK house prices in 2027, with mortgage rates expected to stay above 5% until early 2028. It sees a roughly 3% peak-to-trough decline, then a recovery from 2028. Connells forecasts a 1.5% rise instead.

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