Residential Market forecast 2003

Residential Market forecast 2003 - 2003 - FPD Savills Research January 2003, (1) .

Latest research from FPD Savills shows UK house prices are expected to rise by an average of 12% in 2003. The prices have been rising quickly due to a re-valuation of the housing market due to low interest rates meaning the average UK household can afford a mortgage three times as large as in the 1980s. However, concerns about household debt are threatening future growth prospects. For FPD Savills News Release: http://www.fpdsavills.co.uk/research.asp?content=%5Cuber%5Fresearch%5C2900%2Ehtm&subcategory=none&contenttype=research&category=


FPD SAVILLS
HOUSE PRICE SURVEY
INTEREST RATES
MORTGAGE DEBT