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Decreased affordability will lead to a slowdown in UK house price growth
December 4th 2017(6.26mins)
In the latest installment of our series on the state of the UK consumer, Managing Directors of EMEA Structured Finance Katherine Frey and Annabel Schaafsma discuss the direction of UK house prices, the trend for construction levels, and challenges to house price growth, and the effect of Brexit on the sector. ​​​​​​​​​
Growing young population and stable housing construction activity support long term house prices
​​Over the next three years, real estate prices will rise in seven key European markets, amid changing demographics, an increasing proportion of the young working population and stable construction activity, with different drivers depending on each country. We expect high double-digit house price growth in three northern European countries (i.e., Germany, The Netherlands and Ireland) and single-digit growth in recovering countries (e.g. Spain and Italy).​