According to Jones Lang LaSalle’s end of year UK Residential Market Forecast, published yesterday there are already signs of this growth slowing and average house prices across the UK are expected to fall by 7% in 2010. It said that during 2010 unemployment is expected to continue rising, and other factors such as the rise in VAT in January, the general election, the diminishing impact of the quantitative easing programme and further government fiscal tightening will all weaken the demand for housing over the next 12-18 months while also forcing more homes into the marketplace.

Report Article

Please complete the required fields.

Your Name

Email

Reason (required)
This post contains broken linksPost has incorrect informationPost has spamCopyright IssueOther

Description

Submit