Economic centre known for uncanny accuracy predicts property price growth

If you’re wondering what might happen to house prices over the coming years, the only way is up

The verdict doesn’t come from an estate agent or a property portal but from the Centre for Economics and Business Research (Cebr), giving the news a certain air of gravitas.Cebr specialises in independent economic forecasting and analysis, with an uncanny level of accuracy relied on by public bodies, FTSE firms and multinational companies.The next two years, taking us to 2019, will see modest levels of property price growth, predict Cebr, with annual growth pegged behind 5%. It is, however, forecast that between 2019 and 2021, house price growth will find new pace. By 2021, the average home is set to be worth around