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Housing Predictions +2.5%

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"Jim Buckle, Managing Director at Propertyfinder.com stated: "The dark days of late 2004 and early 2005 for the housing market are well and truly behind us. Propertyfinder.com's research tracking buyer and seller confidence is a good predictor of housing transaction volumes and shows that transactions are set to increase into the new year by around 30% compared to last year. Interest rates are not likely to move much so we cannot expect much stimulation from the Bank of England. We think that interest rates will end 2006 at the 4.5% level. The City is giving a necessary boost to the market in London and the South East where the housing market is already improving. However, we expect regions further north to take more time to follow suit. Despite a much healthier market in transaction terms, we don't expect much movement on actual prices and are forecasting rises of 2.5% for the UK overall."http://www.mortgageintroducer.com/news/new...p?unqueid=15682

Another load of tosh then. Although, you can take part in their biased survey's!

www.propertyfinder.com - Find the survery in the middle right hand side on the front page!

Edit: Or click here: http://www.propertyfinder.com/survey/pfsurvey.htm

Edited by Jason

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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