National housing prices are forecast to increase this year in 19 of them, with exceptions in the United Kingdom, Norway and Greece.House prices are finally bottoming out in Italy after years of falling prices, leaving Greece as the only European country with falling prices. Prices will increase by 1% -5% in the main European markets and between -2% and 5% in Southern Europe.
The new mortgage loans will increase in 2018 in 18 of the 22 markets covered by Fitch Global Housing and Mortgage Outlook, but the rates of increase will be mostly less than or equal to 2017. The demand for property remains solid, although the volumes Refinancing rates are slowing after borrowers blocked low rates.

Read more: Outlook for the global housing market