Monday, March 7, 2011
Err, what house price increases of 2010?
It is unlikely that house prices will increase at similar levels to last year, it has been claimed. House price rises are unlikely to occur at the levels seen in 2010, it has been claimed. Timothy Lambert, head of consulting at Ducalian, said a repeat of last year's trend is not on the cards. The industry figure noted that interest rates are due to escalate, which in turn will have an impact on the cost of borrowing. "Consequently, house prices will be stifled somewhat in a bid to make them still attractive to buyers," he explained.