Housing market outlook optimism overdone
Donnell, Richard
Housing market outlook optimism overdone - 2006 - Property Forecast 9(2) February 2006, 3-4(2) .
There has been a reported house price growth over the last few months. As a result, there is a renewed sense of optimism over the prospects of house-buying in the UK. But rising levels of unemployment, static interest rates and stretched affordability levels are also lurking in the background. This article examines the latest housing trends and asks whether there is too much confidence in the stability of the current market.
Housing market outlook optimism overdone - 2006 - Property Forecast 9(2) February 2006, 3-4(2) .
There has been a reported house price growth over the last few months. As a result, there is a renewed sense of optimism over the prospects of house-buying in the UK. But rising levels of unemployment, static interest rates and stretched affordability levels are also lurking in the background. This article examines the latest housing trends and asks whether there is too much confidence in the stability of the current market.