Economic headwinds and an increasing supply of new homes into the market will start to bring house price growth down to more “sustainable” levels over the course of the year, according to the latest forecast from online property firm Zoopla.

The business said annual house price inflation had dropped to 8.1% in the year to February, down from 8.4% in January, while there were initial signs that demand for homes, albeit still at historically high levels, was starting to reduce, and supply of houses was starting to pick up.

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