Mortgage rate rises will normalise market next year

UK house prices have reached an all time high - but 2022 will see a more normalised housing market thanks to buyer caution over mortgage costs.

That’s the view of Zoopla which has issued its latest monthly house price index revealing that strong buyer demand and lower housing stock volumes have boosted typical house prices by £16,000 in the last 12 months.

Source: Estate Agent Today

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