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House prices in US look set to rise over the next five years and here's why

Savills has upgraded its UK house price forecasts following an unexpectedly strong market in 2020, with Yorkshire expected to exceed the predicted five-year growth average. The new forecasts follow an extraordinary year, which saw UK prices rise by an average 7.3 per cent – the first time in modern history that house values have risen in a recession, as people’s desire to move home outweighed the uncertainty surrounding jobs and finances.