Friday, July 18, 2025
  • About
  • Write for us
  • Contact
Today News
  • Business
  • Tech
    Real-Time AML Checks: Why Speed Matters in Compliance

    Real-Time AML Checks: Why Speed Matters in Compliance

    Will the iPhone 17 Pro Compete with Samsung’s Best Handsets?

    Will the iPhone 17 Pro Compete with Samsung’s Best Handsets?

    First-Person Filming: Mini Cameras Transform Storytelling

    First-Person Filming: Mini Cameras Transform Storytelling

    How Institutions Protect Citizens’ Personal Data

    How Institutions Protect Citizens’ Personal Data

    Microsoft Restructures Xbox and Sales Divisions Ahead of FY26: Fourth Wave of Layoffs Begins

    Microsoft Restructures Xbox and Sales Divisions Ahead of FY26: Fourth Wave of Layoffs Begins

    How to Use Chrome Developer Tools to Teach Math Logic

    How to Use Chrome Developer Tools to Teach Math Logic

    Cybersecurity

    How Software, Cybersecurity & VPNs Can Save You Money on Flights – Featuring VPNLY

    Is AI making Lewis Carroll’s Wonderland Weirder?

    Is AI making Lewis Carroll’s Wonderland Weirder?

    Gbyte Recovery

    Gbyte Recovery Review: Can It Restore Deleted iPhone Contacts?

  • Consumer
    Craving Connection: Why Food Gifting Is the New Love Language

    Craving Connection: Why Food Gifting Is the New Love Language

    How to Celebrate Milestones from Afar: The Rise of Digital Gifting in the UK

    How to Celebrate Milestones from Afar: The Rise of Digital Gifting in the UK

    How to adjust glasses at home – a step-by-step guide!

    How to adjust glasses at home – a step-by-step guide!

    Why quality toilet cubicle hardware matters

    Why quality toilet cubicle hardware matters

    Common Mistakes in KYC Identity Verification

    Common Mistakes in KYC Identity Verification

    Consumer habits

    British Furniture Market Sees Significant Changes in Consumer Preferences

    Why are high-street bookmakers declining in the UK?

    Why are high-street bookmakers declining in the UK?

    Straps for smartwatches: The Complete guide

    Straps for smartwatches: The Complete guide

    High street retailers are at a “crossroads”, says retail tycoon

    High street retailers are at a “crossroads”, says retail tycoon

  • Finance
    Everything You Need to Know About Multi-Million Loans

    Everything You Need to Know About Multi-Million Loans

    Fueling Growth: How a UK Gambling License Boosts Investor Confidence

    Fueling Growth: How a UK Gambling License Boosts Investor Confidence

    MiCA vs. GENIUS: Europe’s Crypto Surge

    MiCA vs. GENIUS: Europe’s Crypto Surge

    Why FOMO Still Drives the Crypto Crowd

    Why FOMO Still Drives the Crypto Crowd

    Understanding GBP’s Volatility Relative to EUR and USD

    Understanding GBP’s Volatility Relative to EUR and USD

    Forex

    Martingale Strategy in Forex: Theory vs. Reality in Volatile Markets

    XRP-Led Altcoin Rally Rewrites the Crypto Playbook — Here’s Why AIXA Miner Is the Smartest Passive Move You Can Make

    XRP-Led Altcoin Rally Rewrites the Crypto Playbook — Here’s Why AIXA Miner Is the Smartest Passive Move You Can Make

    Card-to-Card as P2P Payment Infrastructure for E-commerce Platforms: Faster, Safer, No Bank Account Needed

    Card-to-Card as P2P Payment Infrastructure for E-commerce Platforms: Faster, Safer, No Bank Account Needed

    How to Use Real-Time Gold Charts for Better Trading Decisions

    How to Use Real-Time Gold Charts for Better Trading Decisions

  • Environment
    Five Ocean Discoveries That Could Change How We See the World

    Five Ocean Discoveries That Could Change How We See the World

    Choosing the Right Sustainability Partner: How Eco-Efficient Tech Transforms Industry

    Choosing the Right Sustainability Partner: How Eco-Efficient Tech Transforms Industry

    Moving Abroad? Here’s What to Expect – and Why Cardboard and Plastic Waste Removal Is Essential After Unpacking

    Moving Abroad? Here’s What to Expect – and Why Cardboard and Plastic Waste Removal Is Essential After Unpacking

    How Weather Events Like Heavy Rain or Heatwaves Affect Pest Activity

    How Weather Events Like Heavy Rain or Heatwaves Affect Pest Activity

    Building a Carbon-Competitive Advantage with Sustainability and Decarbonization Consulting

    Building a Carbon-Competitive Advantage with Sustainability and Decarbonization Consulting

    The Lost Art of Orienteering: Why Map and Compass Skills Still Matter

    The Lost Art of Orienteering: Why Map and Compass Skills Still Matter

    Sustainability in Dining: Reducing Waste for a More Profitable Future

    Sustainability in Dining: Reducing Waste for a More Profitable Future

    Environmental Benefits

    What Are The Environmental Benefits Of Choosing Eco-friendly Rubbish Removal In Croydon?

    Why You Should Hire Waste collectors for efficient waste removal

    Why You Should Hire Waste collectors for efficient waste removal

  • Property
    6 Common Admin Mistakes that Property Managers Make

    6 Common Admin Mistakes that Property Managers Make

    Property Investment Strategy

    Interest Rate Hikes and How They Impact Your Property Investment Strategy

    How Local Storage Services Make Home Organisation Easy

    How Local Storage Services Make Home Organisation Easy

    Stay safe at home: The benefits of intruder alarms in St Helens

    Stay safe at home: The benefits of intruder alarms in St Helens

    Enhancing your home projects with essential hardware selection tips

    Enhancing your home projects with essential hardware selection tips

    5 Best Lifetime Mortgage Providers in the UK

    5 Best Lifetime Mortgage Providers in the UK

    Top 10 Sell House Fast Companies in the UK

    Top 10 Sell House Fast Companies in the UK

    Efficient storage solutions for stress-free home renovations

    Efficient storage solutions for stress-free home renovations

    Chelsea Residences – Exclusive Living in Dubai’s Prime Location

    Chelsea Residences – Exclusive Living in Dubai’s Prime Location

  • eCommerce
    From 1688 to shopee: the singaporean seller’s guide to paying china suppliers

    From 1688 to shopee: the singaporean seller’s guide to paying china suppliers

    The Importance of Digital Valuations for UK Ecommerce Brands

    The Importance of Digital Valuations for UK Ecommerce Brands

    Blink-and-Buy: Designing Checkouts That Convert in Under 10 Seconds

    Blink-and-Buy: Designing Checkouts That Convert in Under 10 Seconds

    High Stakes Strategies: Lessons E-commerce Entrepreneurs Can Learn from Casinos

    High Stakes Strategies: Lessons E-commerce Entrepreneurs Can Learn from Casinos

    Amazon Expert

    Amazon Expert: Key Qualifications to Look For

    Boosting Ecommerce Revenue with Smart Targeting Strategies

    Boosting Ecommerce Revenue with Smart Targeting Strategies

    Personalized Shopping: How Technology is Transforming Retail

    Personalized Shopping: How Technology is Transforming Retail

    How Can Ecommerce Businesses Learn From Entertainment Platforms?

    How Can Ecommerce Businesses Learn From Entertainment Platforms?

    Magento Web Development Company: Unlocking the Power of E-Commerce

    Magento Web Development Company: Unlocking the Power of E-Commerce

No Result
View All Result
Today News
Home Property

How Much are House Prices Expected to Fall By in 2023?

David Prior by David Prior
December 22, 2022
Reading Time: 3 mins read
How Much are House Prices Expected to Fall By in 2023?
594
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

The property market has been, somewhat rightfully, regarded as a ‘safe bet’ by investors and entrepreneurs for a long time. As an investment, property represents stable and inflation-beating growth overall, with the last two decades having been particularly lucrative for those able to leverage low interest rates in favour of a mortgage.

Of course, property is more than an investment. For the vast majority of people, properties are homes, hard-won through hard work, savings and complex financial instruments. As such, the news of imminent falls in property value is not just bad news for investors and rental businesses; it is also bad news for those that call their home their most valuable asset. But why are property values due to fall – and by how much might they fall?

Related posts

6 Common Admin Mistakes that Property Managers Make

6 Common Admin Mistakes that Property Managers Make

July 14, 2025
438
Property Investment Strategy

Interest Rate Hikes and How They Impact Your Property Investment Strategy

July 10, 2025
452

Falling House Prices

House prices are projected by numerous economic experts and banking institutions to fall, following a difficult year for consumers and for the wider market. Failed government policy had an accelerant impact on rising rates of inflation, causing the Bank of England to intervene with more hikes to interest rates. 

This has led to a marked increase in mortgage rates for existing and respective homeowners, with direct impacts on affordability – especially alongside existing cost-of-living pressures. Consequently, immediate demand has fallen, precipitating a fall in value. Halifax forecasts this fall in value to reach 8% in 2023, though other commentators predict a more austere 5% fall in value.

Mitigating Value Drops as a Homeowner

Naturally, this drop in value will be concerning – particularly for homeowner about to sell, or even the new homeowner that effectively bought their home at a ‘peak’ in property values. So, what can be done to reduce the impact of imminent devaluation?

Renovation and redecoration are the most effective routes to bolstering property value. Adding square footage to a home’s footprint, either through extension or loft conversion, can add tens of thousands to a property’s market value. So too can installing privacy measures such as garden fencing or mechanised driveway gate systems.

Redecoration is less impactful in terms of property value, but less expensive to arrange; it can also have more indirect effects with regard to first impressions and increased interest from potential buyers.

After the Fall

But the forecast fall in property values does not necessarily describe a bleak future for the housing market. Indeed, the fall is only predicted as something of a short-term aberration, from which the markets could rebound. However, the rate at which value will return to properties is the subject of some debate.Some economists predict that the market will rebound by the end of 2023, but the government Office for Budget Responsibility has indicated that a further fall could happen in 2024 – and that only after then will the market start to shape up to long-term growth once again. Of course, the shape of the economy in two years is by no means easy to predict but holding property in the medium term nonetheless seems the best route to weathering this market aberration.

David Prior

David Prior is the editor of Today News, responsible for the overall editorial strategy. He is an NCTJ-qualified journalist with over 20 years’ experience, and is also editor of the award-winning hyperlocal news title Altrincham Today. His LinkedIn profile is here.

Previous Post

UK charity donates over 1.5 million books to UK and African schools

Next Post

Medical treatment abroad

Related Posts

6 Common Admin Mistakes that Property Managers Make
Property

6 Common Admin Mistakes that Property Managers Make

July 14, 2025
438
Property Investment Strategy
Property

Interest Rate Hikes and How They Impact Your Property Investment Strategy

July 10, 2025
452
How Local Storage Services Make Home Organisation Easy
Property

How Local Storage Services Make Home Organisation Easy

July 10, 2025
446
Stay safe at home: The benefits of intruder alarms in St Helens
Property

Stay safe at home: The benefits of intruder alarms in St Helens

July 4, 2025
385
Enhancing your home projects with essential hardware selection tips
Property

Enhancing your home projects with essential hardware selection tips

June 27, 2025
431
5 Best Lifetime Mortgage Providers in the UK
Property

5 Best Lifetime Mortgage Providers in the UK

June 26, 2025
482
Next Post
Medical treatment abroad

Medical treatment abroad

RECOMMENDED NEWS

Technical Translation

A Guide to File Formats in Technical Translation

1 year ago
54
Blockchain Disruption: Industries Transformed

Blockchain Disruption: Industries Transformed

2 years ago
444
Most Popular UK Betting Markets

Most Popular UK Betting Markets

1 year ago
531
A Buyer’s Guide to Shower Enclosures

A Buyer’s Guide to Shower Enclosures

2 years ago
558

BROWSE BY CATEGORIES

  • Business
  • Careers
  • Charity
  • Consumer
  • Culture
  • eCommerce
  • Education
  • Energy
  • Engineering
  • Entertainment
  • Entrepreneurs
  • Environment
  • Fashion
  • Finance
  • Food & Drink
  • Gaming
  • Gardening
  • Health
  • Insurance
  • Interiors
  • Legal
  • Leisure
  • Lifestyle
  • Manufacturing
  • Marketing
  • National
  • News
  • Opinion
  • Pets
  • Politics
  • Property
  • Sales
  • Sport
  • Sports
  • Tech
  • Transport
  • Travel
  • Uncategorized

BROWSE BY TOPICS

Agency AI autosmart banking Beauty business Christmas construction cyber security data digital Digital Marketing Services ecommerce entertainmnet finance fitness Forex health inflation insurance kitchen KYND lifestyle manchester music News north overseas Personal Injury Pharmaceutical Industry property Real Estate recruitment Sir Michael Morpurgo Skincare sports technology tourism travel UK vehicles Warkworth village watch workspace yorkshire

Latest news

Everything You Need to Know About Multi-Million Loans

Everything You Need to Know About Multi-Million Loans

July 18, 2025
Fueling Growth: How a UK Gambling License Boosts Investor Confidence

Fueling Growth: How a UK Gambling License Boosts Investor Confidence

July 18, 2025
Sugar Dating in the Digital Age: Between Freedom, Expectation, and Emotional Clarity

Sugar Dating in the Digital Age: Between Freedom, Expectation, and Emotional Clarity

July 18, 2025
Northern Lights Meet Royals: Where Finnish and English Casinos Really Differ

Northern Lights Meet Royals: Where Finnish and English Casinos Really Differ

July 18, 2025
Between Fire and Ice: How Iceland is Reinventing Everyday Life

Between Fire and Ice: How Iceland is Reinventing Everyday Life

July 18, 2025
Unlocking GCSE English Success Through Skilled Tutors

Unlocking GCSE English Success Through Skilled Tutors

July 18, 2025
Real-Time AML Checks: Why Speed Matters in Compliance

Real-Time AML Checks: Why Speed Matters in Compliance

July 18, 2025
MiCA vs. GENIUS: Europe’s Crypto Surge

MiCA vs. GENIUS: Europe’s Crypto Surge

July 18, 2025
Five Ocean Discoveries That Could Change How We See the World

Five Ocean Discoveries That Could Change How We See the World

July 18, 2025
Stargazing, Street Eats & Surprise Performances: A London Night Out Like No Other

Stargazing, Street Eats & Surprise Performances: A London Night Out Like No Other

July 18, 2025

Today News

  • About
  • Write for us
  • Contact
  • Privacy Policy

@2024 Rooftree Publishing Ltd

Today News in association with Kajino.com

Sign up for our newsletter




  • Business
  • Tech
  • Consumer
  • Finance
  • Environment
  • Property
  • eCommerce

Recent News

Everything You Need to Know About Multi-Million Loans

Everything You Need to Know About Multi-Million Loans

July 18, 2025
Fueling Growth: How a UK Gambling License Boosts Investor Confidence

Fueling Growth: How a UK Gambling License Boosts Investor Confidence

July 18, 2025
No Result
View All Result
  • Home
  • Business
  • Tech
  • Consumer
  • Finance
  • Environment
  • Property
  • eCommerce
  • Write for us
  • About
  • Contact