The post-election housing market recovery is likely to last a few more months, and we have upgraded our 2020 forecasts in response. But the housing market fundamentals were unchanged by the election. As a result, we expect the surge in activity to subside by the middle of the year. That will leave 2020 house price growth and mortgage approvals stronger than in 2019, but still weak in historic terms.
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 gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services