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4th Nov 2024 09:49UKDaily Monitor

  • The official house price index rebounded in August, rising 1.0% month-to-month.
  • The Chancellor’s stimulatory Budget will prevent mortgage rates from falling much further.
  • But the drop in mortgage rates thus far means house prices should gain 4.5% year-over-year in December.

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Keywords for: 5 November 2024 UK Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence