18.12.2012 - UK: Housing market predictions for 2013
For the most part, UK house prices remained stable in 2012 with any small falls negated by small rises. In 2013, the experts are predicting more of the same. "House prices generally will be subject to wider economic concerns and consumer sentiment," says Jane Harrison, a director at London & Country mortgage brokers. "Falling inflation and some growth in the economy - even if weak - should help that, so we'd expect prices to be flat or see modest growth in 2013, but with significant regional variation." Adrian Anderson, director of property finance specialist Anderson Harris, also expects the North/South divide to become more apparent. "It looks set to deepen," he says. "London and the South East seem to be completely detached from the rest of the country."...........................................Full Article: Source
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