Wednesday, Nov 22, 2006

Hometrack predicts 4% house price rise next year

Mortgage Solutions: House prices ‘to rise 4%’ over 2007

Average UK house prices are forecast to rise by 4% over 2007, Hometrack has reported. According to Hometrack, the rise would be supported by low levels of housing turnover and prices being set by the ‘haves’ already on the housing ladder. It said London and the South East were expected to remain the primary engines for growth with prices being driven by a continuing supply/demand imbalance.

Posted by jellycaster @ 08:49 AM (384 views)
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