The outlook for the UK housing market [electronic resource]
The outlook for the UK housing market [electronic resource]
- Knight Frank UK Housing Market Forecast 4 Qr 2011 .
Key drivers which traditionally influence the UK housing including supply and demand balance, mortgage market accessibility, cost of debt, household income growth and performance of the UK economy are currently weak and together with low interest rates have left the market in suspended animation. Predicts that main stream market faces continual low transactions numbers and fall in prices in real terms in the period up to 2021. Prime regional and Prime London will have mixed fortunes with London predicted to outperform the regional market.
UNITED KINGDOM
Key drivers which traditionally influence the UK housing including supply and demand balance, mortgage market accessibility, cost of debt, household income growth and performance of the UK economy are currently weak and together with low interest rates have left the market in suspended animation. Predicts that main stream market faces continual low transactions numbers and fall in prices in real terms in the period up to 2021. Prime regional and Prime London will have mixed fortunes with London predicted to outperform the regional market.
UNITED KINGDOM