Housing and mortgage market forecasts:2005-2007
Pannell, Bob
Housing and mortgage market forecasts:2005-2007 - 2005 - CML Market Commentary August 2005, 1-7(7) .
Offers forecasts for the housing and mortgage market for the period 2005-07. Provides an economic overview and a detailed examination of housing and mortgage market prospects. Concludes that house price growth over the next two years is likely to be negligible, housing demand is unlikely to recover quickly given that affordability problems will only ease slowly and forecasts a reduction in mortgage lending although it will remain at relatively high levels. Table covers a forecast summary. Charts present house price growth annual percentage change, Inland Revenue transaction levels, gross and net lending and possessions
Housing and mortgage market forecasts:2005-2007 - 2005 - CML Market Commentary August 2005, 1-7(7) .
Offers forecasts for the housing and mortgage market for the period 2005-07. Provides an economic overview and a detailed examination of housing and mortgage market prospects. Concludes that house price growth over the next two years is likely to be negligible, housing demand is unlikely to recover quickly given that affordability problems will only ease slowly and forecasts a reduction in mortgage lending although it will remain at relatively high levels. Table covers a forecast summary. Charts present house price growth annual percentage change, Inland Revenue transaction levels, gross and net lending and possessions