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CML publishes 2011 market forecasts

Language: English Series: CML News and Views ; 15 December 2010Subject(s): Online resources: Summary: Activity in housing and mortgage markets predicted to remain broadly flat in 2011. Historically low interest rates are likely to underpin significantly current house price values, despite low levels of property sales. Bank of England interest rate is expected to remain at 0.5%.

Activity in housing and mortgage markets predicted to remain broadly flat in 2011. Historically low interest rates are likely to underpin significantly current house price values, despite low levels of property sales. Bank of England interest rate is expected to remain at 0.5%.