Uk Housing Market Predictions 2024. This is linked to interest rates and mortgage costs, which are set to remain high over the next 12 months, making it harder to afford a mortgage and therefore limiting many buyers’ spending power. Inflation has also fallen to the central bank’s target of 2%, which could mean that further cuts to the base rate could follow.
Home values on the up in 2024. However, while its victory is broad, it is also shallow, as veteran pollster sir john curtice explains.