Experts Divided on House Prices but Not on Interest Rate Hikes

In the span of a few days, reports and opinions of experts offered conflicting accounts of what was expected of the UK housing market. Some report the housing market will be resilient and house prices will rise even into next year. Other reports forecast a slowdown of the market and in some cases a rapid slowdown. The reports may give conflicting expectations, but as to the expectation of rising interest rates, most if not all forecast hikes of the standard base interest rate by the Bank of England.