In our December 2010 and May 2011 house price forecasts we predicted a flat housing market, highlighting, in particular, the fundamental issue of overvaluation and affordability. Continue reading
Category Archives: House Price Forecasts
House Price Forecast May 2011
In our last six monthly house price forecast the point was made that sentiment and speculation contribute as much towards house price instability as underlying market conditions. Opinion is often driven and escalated by media coverage and this can influence movements in any given market. As an example, if it’s reported house prices are going to fall significantly, this will inevitably result in a number of would be buyers halting their house buying plans, which in turn will contribute to house price instability.
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House Price Forecast December 2010
As with most markets it’s often sentiment and speculation that contribute as much towards house price instability as the underlying market conditions. Opinion is often driven and escalated by media coverage and this, at times, is unhelpful. Continue reading
