Post Lockdown Property Prices
Some of the media content we have read is on occasions ludicrous. No one can predict, as we are in unprecedented times. The fact currently stands that the market is on hold, not a recession.
Property prices are dictated by supply and demand. There could be a surge of buyers pushing the demand up because people have been held back from buying due to lockdown. Also, with the majority spending time at home can trigger a thought about moving (upsizing/downsizing). Or on the other side unemployment rises or mortgages become hard to source, so then the supply becomes high, and in turn, prices drop. We can all have a guess, but no one can fully predict.