BoE says house prices will fall - papers 11 November

The outlook for house prices in the quarterly report was based on interviews with firms in the buy-to-let sector, which indicated a drop-off in activity is expected in the next six months, The Daily Telegraph writes. On a positive note, however, most landlords suggested they are long-term investors, which means there should not be a mass sell-off pushing prices in the asset class off a cliff. References to interest rates having peaked came through suggestions of a weaker housing market as a result of rates increases thus far, coupled with a lowered outlook for UK exports despite a wea...