Official forecasts suggest house prices will rise for five years at least, although at well below the rate of growth seen in 2021.
The Office for Budget Responsibility says an 8.6 per cent rise is expected this year, falling to 3.2 per cent in 2022 and 0.9 per cent in 2023.
Further ahead the OBR says house price rises of 1.9 per cent will be seen in in 2024, the 2.9 per cent in 2025, and 3.5 per cent in 2026.
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