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House prices forecast to fall 15% in 'perfect storm'
Original: ‘Perfect storm’ as house prices set to march 15% lower
Housing market analysts warn of a 'perfect storm' pushing house prices down by as much as 15%. The prediction is drawing attention as homeowners and buyers weigh the impact of sharper price declines, higher borrowing costs and weakening demand on the property market.
Why now: Concerns over a steep housing downturn are mounting amid high mortgage rates and economic uncertainty
housing marketMortgage Professional America
Evidence
- ‘Perfect storm’ as house prices set to march 15% lower · Mortgage Professional America
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