Will house prices drop? Experts issue damning growth warnings

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While good news for sellers, those figures will make for sobering reading for anyone hoping to buy.

Those positions could soon change, according to experts, as the housing market may reach its peak in 2022.

UK house price growth “must be close” to a peak, according to Tom Bill, the head of UK residential research at Knight Frank estate agency.

He told The Times the cost-of-living squeeze, coupled with rising mortgage rates, will “pull prices back down to earth”.



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