The subdued demand and mortgage lending environment is weighing on house prices. The official index reported that house price growth slowed to its lowest rate in almost 5 years in June. But with interest rates rising and the pace of job creation set to slow, it seems likely that this slowdown has further to run.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services