Forecast for 2005
Series: HBOS Press Release ; 3 December 2004 (7)Publication details: 2004Subject(s): Summary: The "HBOS economic forecast for 2005" focuses on the prospects for the UK housing and savings markets in 2005. House prices in the UK are predicted to fall by 2% in 2005. This slight fall follows nine years of rising house prices. Beyond 2005 the prediction is that the market may record modest price increases. The housing market fundamentals are sound and a crash is not expected. It is also predicted that the base rate will fall to 4.25% by the end of 2005. This would improve affordability, especially for new borrowers. http://www.hbosplc.com/economy/nationalpressreleas e.asp| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB4047-08 (Browse shelf(Opens below)) | 1 | Available | 128253-1001 |
The "HBOS economic forecast for 2005" focuses on the prospects for the UK housing and savings markets in 2005. House prices in the UK are predicted to fall by 2% in 2005. This slight fall follows nine years of rising house prices. Beyond 2005 the prediction is that the market may record modest price increases. The housing market fundamentals are sound and a crash is not expected. It is also predicted that the base rate will fall to 4.25% by the end of 2005. This would improve affordability, especially for new borrowers. http://www.hbosplc.com/economy/nationalpressreleas e.asp