House prices are overvalued by a third and are likely to fall, according to economists.
Analysis by consultancy Oxford Economics shows that affordability has fallen over the past few weeks as underlying funding costs for lenders have risen.
However, its analysis does not take into account households’ increased outgoings in light of inflation being at a 40-year high, so the true picture may be even worse.
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Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
