UK Residential Research Bulletin [electronic resource] No 48
UK Residential Research Bulletin No 48 [electronic resource]
- Savills UK Residential Research Bulletin (48) Summer 2004 .
Predicts that rising interest rates will have a delayed impact on house prices; buyer confidence will be affected more than housing affordability in the short term. Even if interest rates rise over 5% this is not seen as a trigger for a general collapse in house prices. The market is still on course for a softish landing with a shift to single digit house price growth taking place over the next 12-18 months. However, if interest rates peak below current market expectations, and fall back more rapidly than anticipated, then double digit house price growth could well be sustained into and over 2005.
SAVILLS UK RESIDENTIAL RESEARCH BULLETIN
United Kingdom--
333.33 $2 18
Predicts that rising interest rates will have a delayed impact on house prices; buyer confidence will be affected more than housing affordability in the short term. Even if interest rates rise over 5% this is not seen as a trigger for a general collapse in house prices. The market is still on course for a softish landing with a shift to single digit house price growth taking place over the next 12-18 months. However, if interest rates peak below current market expectations, and fall back more rapidly than anticipated, then double digit house price growth could well be sustained into and over 2005.
SAVILLS UK RESIDENTIAL RESEARCH BULLETIN
United Kingdom--
333.33 $2 18