The housing market outlook – with Sunday Times Economist, David Smith

After performing very strongly following the pandemic, the housing market has recently entered more uncertain territory. Although stamp duty has been cut, mortgage rates are a significant concern for homeowners and movers alike, and the energy price shock has impacted consumer confidence. But how gloomy should we be? In this exclusive webinar with David Smith, we helped you cut through all the noise of the Government’s fiscal plans and gave you an expert view on what could lie ahead for the economy and the housing market.

David Smith has been economics editor for The Sunday Times for 30 years. He’s written and spoken extensively about the housing market and is a former property journalist of the year – making him an expert in this field and highly qualified in the subject.

In this webinar, David provided his expert opinion on what’s to come in 2023, addressing questions such as:

– Will the momentum in the market going into the New Year help outweigh the uncertainty?
– How much will official interest rates rise, and when might they come down again?
– Have we seen the worst of the rise in mortgage rates?
– What is the outlook for unemployment, a key driver of housing market sentiment and how does it compare with the past?
– How will the stamp duty cut affect the market?
– How all of the above could impact market activity and house prices.

You’ll come away understanding more about the likely economic climate for the rest of 2022 and as we head into 2023 and the opportunities that will exist for you to make the most of, to help you plan ahead and have better informed conversations with your clients.