The picture is not all doom and gloom. Far from it. That seems to be the consensus among the agents and industry experts who have been looking into their crystal balls, and trying to define what will happen to house prices in 2017.
OnTheMarket is to advertise across 40 channels this month, in the build up to its second anniversary at the end of January.
It is the time of the year when outlook reports in the property industry start to predict what might happen in the year ahead and the medium term and Brexit seems to be dominating the agenda.
Phillip Hammond has delivered his first Autumn Statement, tackling amongst other things, what he called “the housing challenge.”
Recent stamp duty changes have resulted in a substantial decline in transaction numbers and HM Revenue & Customs missing its revenue target for the 2016/17 financial year, claims an estate agency chief.