Tuesday, Dec 12, 2006

HBOS forecasts 4% house price growth next year

The Times: Property prices set to slow down next year, says bank

The property market is set to cool down next year, with prices rising at their slowest pace since 1995, according to a forecast by HBOS published yesterday. Despite a price increase of 9 per cent over this year, HBOS predicted that house-price inflation would ease to 4 per cent in 2007 as interest rates started to bite.

Posted by jellycaster @ 04:31 PM (507 views)
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2 Comments

1. paul said...

If "slow down" is a euphemism for "hit reverse", then the article might be onto something.

Wednesday, December 13, 2006 09:12AM Report Comment
 

2. David20040_0 said...

Didn't the banks come out with something similar last year. Predicting a 'slowdown'. It won't happen, they'll rocket.

Wednesday, December 13, 2006 03:09PM Report Comment
 

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