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Related topic: Housing market
Zoopla forecasts 1.5% house price growth for 2026.
The average mortgage rate dropped by 39 basis points from the previous month to 4.35%.
The North East was the English region with the highest annual house price inflation.
Gross mortgage lending is forecast to reach £320bn in 2026 and £350bn in 2027.
This is 1.8% or two days more than in 2024.
Market activity was influenced by stamp duty changes that took effect at the beginning of April, but overall remained close to pre-pandemic levels.
Slight easing in affordability pressures helped to underpin buyer demand in 2025, Nationwide says.
Rightmove is expecting a bigger 'Boxing Day bounce', with prices to rise 2% next year.
The trade body predicts a 10% rise in external remortgaging and 2% rise in product transfers.
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