UK Residential Research Bulletin No 54 [electronic resource]
Language: English Series: Savills UK Residential Research Bulletin ; (54) May 2006Publication details: London Savills 2006Subject(s): LOC classification:- 333.33 $2 18
| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Book | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 137037-1001 |
Revises the Savills forecast for UK property market growth upwards from 0% to nearer 3% for 2006. Stable economic conditions, cheap fixed-rate debt, robust housing demand and stock scarcity have led to a more buoyant than expected housing market in the first part of the year. Price growth in 2006 will be led by prime markets in London and the South East. As a result, the gap between the South and North is set to start widening again. The forecast for prime central London value growth has been revised upwards - to +11% for 2006.