Monday, Mar 05, 2007
Slowdown in the second half of 2007
housefund.co.uk: Interest rate rises starting to bite
Slowdown in the second half of 2007
By the second half of 2007, we continue to expect to see a more pronounced slowdown in the annual rate of house price growth. This will be a reflection of higher interest rates and stretched affordability curbing the demand of residential buyers, along with some slowdown in buy-to-let demand. We do not expect a severe fall in confidence, even if interest rates were to rise once more, due to the continued strength of the economy and the labour market in particular."
Posted by cash_buyer @ 12:31 PM (161 views) Add Comment
2 Comments
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1. dohousescrashinthewoods said...
Glorious Sunshine, come out wherever you are..
2. paul said...
"We do not expect a severe fall in confidence"
No. Never. Won't happen. No. NOOOOOOOOO!