UK Residential Research Bulletin [electronic resource] No 54

UK Residential Research Bulletin No 54 [electronic resource] - London Savills 2006 - Savills UK Residential Research Bulletin (54) May 2006 .

Revises the Savills forecast for UK property market growth upwards from 0% to nearer 3% for 2006. Stable economic conditions, cheap fixed-rate debt, robust housing demand and stock scarcity have led to a more buoyant than expected housing market in the first part of the year. Price growth in 2006 will be led by prime markets in London and the South East. As a result, the gap between the South and North is set to start widening again. The forecast for prime central London value growth has been revised upwards - to +11% for 2006.


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