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CEBR Holds The Same View On House Prices As Ourselves

1st August 2010 | back to article listings BACK    print this article PRINT

The CEBR seems to hold pretty much the same view as ourselves on house prices and the key drivers for prices over the coming years.

www.bloomberg.com/news/2010-07-31/u-k-house-price-recovery-will-continue-through-2014-cebr-says-in-report.html

The recent catching of breath in the UK housing market is seen as temporary, base rates will be low for some time, prices will rise 6.7% this year (our view is 5%), new build supply is semi-permanently squashed leading to under supply for housing versus excess demand with prices therefore forced up, partly due to the low interest rate environment.

In an uncertain market it is pretty rare for people to agree with the Assetz view so perhaps this may be the beginning of a long period of greater certainty in the UK housing markets.

This news story has come from the property investment blog by Stuart Law, CEO Assetz plc.

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