Saturday, Jun 03, 2006

Rightmove increases HPI forecast

in2perspective: 'The cost of housing will continue to rise'

Despite industry expectations of a levelling off of demand in the second half of the year, Rightmove has increased its forecast for UK house price growth this year from 5% to 8%.

Posted by jason @ 04:22 PM (744 views)
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3 Comments

1. Surfgatinho said...

I predict a 14.37% rise based on the fact that, erm, ... well actually, err..
Oh yes my company has a huge vested interest in ramping the property market up.

Doesn't actually provide any evidence of his predictions and doesn't seem to take into account the ominous clouds gathering of the economy and every other property market in the English speaking world

Saturday, June 3, 2006 05:31PM Report Comment
 

2. denzil said...

>>"Demand is a lot more buoyant overall than at this time last year, so a rise of up to 10% in the faster moving regions, such as parts of London and the South, could be on the cards this year. "

This is very interesting considering land registry figures showed both the South East and South West as negative over the first quarter. Seems EA's may be architects of their own demise if they start ramping up prices.

Saturday, June 3, 2006 05:37PM Report Comment
 

3. The Bald Man said...

What a suprise no vested interest here!

Saturday, June 3, 2006 10:42PM Report Comment
 

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