No covid fall in house prices, predicts Zoopla

Houses for sale

Property portal one of the first to predict that current recession will see no fall in prices at all

House prices are unlikely to fall significantly due to the covid-induced recession in the economy, according to an analysis by property portal Zoopla.

Revealing its monthly city house price index, Zoopla said it saw little sign of momentum in the housing market waning, and that prices will end the year 2-3% up, despite the impact of the coronavirus lockdown.

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