UK Property Market 2020
The UK average house price increased by 1.4% during 2019, according to Nationwide. Decreases were mostly seen in London, where the market is most affected by Brexit uncertainty.
So what will happen in 2020?
With the General Election now done and dusted, and a clearer route of certainty towards Brexit, many experts predict a confidence boost in the UK property market. This means the majority who have been waiting on the side-lines will now make their move, mostly within the first few months of 2020.
As the topic of Brexit and EU relationships heats up again later in the year, another stagger is predicted.
Experts predict an average UK house price rise of 2% during the whole of 2020.