Fitch Ratings expects a slowdown in home prices in Europe due to limited availability and lower economic growth. The agency assesses the dynamics of the housing and mortgage lending markets as stable or stable positive. Forecasts for Sweden and the UK are consistently negative. In Sweden, prices are expected to fall by 3% due to rising interest rates and an increase in construction. The dynamics for the UK depend on the outcome of the Brexit deal. If Britain withdraws from the Union, prices could rise by 2% in the country and decrease slightly in the capital. In case of cancellation of the transaction prices across the country will fall. Housing prices in Spain, Portugal and the Netherlands will grow by 5%. The housing market in Ireland is dependent on its eastern neighbor: in the case of a Brexit deal, prices will increase by 9%.
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