House price forecast: what will happen to asking prices in 2023? (Rightmove)

There’s been a lot going on in the housing market this year. We started 2022 with months of record-breaking house price increases, huge levels of demand from buyers, and homes selling more quickly than ever before. 

As the year progressed, we started to see the market settle down after an exceptionally busy two years, and were returning to the kind of housing market we’d seen in the years prior to the pandemic. 

And then interest rates started to increase, and some buyers put their moving plans on hold as mortgage rates also climbed.  

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