UK housing market [electronic resource] another year of subdued activity
UK housing market another year of subdued activity [electronic resource]
- London RICS 2010
- RICS Economics 22 December 2010 .
House prices predicted to fall slightly in 2011. The lack of supply in the market is likely to prevent significant house price declines in 2011. The narrowing gap between supply and demand will see the gentle downward trend in prices currently taking place at least partly reversed as the year wears on. Transactions levels will remain flat as mortgage lending remains subdued for another year with many first-time buyers struggling to meet their aspirations of home ownership.
RICS UK HOUSING MARKET FORECAST
United Kingdom--
333.33 $2 18
House prices predicted to fall slightly in 2011. The lack of supply in the market is likely to prevent significant house price declines in 2011. The narrowing gap between supply and demand will see the gentle downward trend in prices currently taking place at least partly reversed as the year wears on. Transactions levels will remain flat as mortgage lending remains subdued for another year with many first-time buyers struggling to meet their aspirations of home ownership.
RICS UK HOUSING MARKET FORECAST
United Kingdom--
333.33 $2 18