Connells Group expects modest growth in house prices across Great Britain over the next three years, according to its forecast published on 2 November 2026. The research was also covered by Property Industry Eye.
The group projects annual price growth of 1% in 2026, 1.5% in 2027, 2.5% in 2028 and 2% in 2029. These are forecasts, rather than recorded future outcomes. Its central outlook assumes that borrowing costs ease gradually and allow some households to reconsider moves they have postponed.
London is expected to return to growth, with the group forecasting a 2% rise in 2027 after a 1% fall in 2026. Connells also cautions that its outlook is sensitive to mortgage pricing. Higher borrowing costs could produce a weaker result than the central projection.
What a forecast can tell you
A national or regional forecast provides context for planning, but it does not establish the value of a particular property. Sellers can ask agents to explain recent local evidence, the competing homes currently available and the differences between an asking price and a completed sale price. Those details remain relevant even when the wider outlook points towards growth.
For a household considering a move, it can be useful to separate the price discussion from the practical timetable. The condition of the home, the chain and the buyer’s circumstances may matter more to a specific transaction than a small change in an annual market forecast.
Plan for more than one outcome
Rather than relying on a single expected percentage, consider how a move would work if the sale takes longer or the achieved price differs from the initial target. Discuss the assumptions with the professionals handling the transaction and keep important dates provisional until the relevant steps have been confirmed.
Agents can use the forecast as a conversation starter while making clear what it does and does not measure. A regional projection should not be applied mechanically to a street or an individual instruction.
The central message from Connells is a gradual recovery rather than a rapid return to unusually cheap borrowing or a property boom. Readers should keep the publication date and underlying assumptions in view: a forecast may change as economic conditions and mortgage pricing develop.