Halifax Building Society states that limited supply will continue to drive house price growth, and is predicting between 2% and 4% for 2019. That prediction comes with a health warning. It assumes a smooth exit from Europe. That is currently far from certain. Government advice for businesses in the last few days has moved from "you need do nothing" to "it is now time to implement the steps set out in the the partnership packs" and that does little to instill confidence. Anecdotally, what we are seeing and hearing on new developments largely in the home counties is that sales figures remain OK-ish, but that prices have and continue to soften.
House prices will rise by between 2% and 4% next year, according to predictions by one of the UK’s biggest mortgage lenders