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The headlines then and now: how property market predictions have changed throughout the pandemic

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The headlines then and now: how property market predictions have changed throughout the pandemic

While life pre-pandemic may seem like an eternity ago, we thought we’d cast our minds back to earlier this year, when COVID-19 first hit. As pandemic-induced chaos set in, ominous headlines the world over were predicting that the virus would have a catastrophic impact on the property market. Major economists were forecasting a drop in national house prices of around 10-20 percent across the year, and a worst case scenario of 32 percent by the end of 2022.

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