Monday, Jul 23, 2007
High tax+IR rises= flat or negative house price inflation next year
This is London.UK: House price rises "will grind to a halt" as interest rates bite
Unrelenting rises in house prices are finally expected to halt, dropping from well over 10 per cent today to less than 1 per cent by the end of next year, the Ernst & Young ITEM Club forecasts.
According to the article, this is the first time the Independent Treasury Economic Model Club has raised fears about the buoyant housing market.
Posted by eyeore @ 06:27 AM (175 views) Add Comment
1 Comment
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. david20040_0 said...
Hmmm, but still climbing though.