An estate and letting agent has made a concerning prediction about what will happen with the property market next year.
Hamptons forecasts that, while house prices are likely to stall next year due to rising inflation and mortgage rates, rental prices will continue to go up.
Because of the pressure on household incomes, the property expert is predicting that prices won't change in the fourth quarter of 2023 in comparison with the same period in 2022 - with a 0% difference across the country.