Forecasts
Short supply drives RICS’ 2016 house price forecast up to +6%
The Royal Institute of Chartered Surveyors has bumped its property price forecast for 2016 up from +4.5% in November to +6% in its latest housing update.
Prices to rise by 25% in five years as ‘no easing in supply constraint’ – RICS
UK House prices are expected to rise by 4.5% per annum over the next five years, delivering a cumulative increase of around 25% according to the latest from RICS.
RICS Forecasts
Property prices to rise by 20% over the next five years – Knight Frank
UK house prices will grow by 20.3% over the next five years, predicts Knight Frank, with prime central London bouncing back after a slow 2016 to deliver +20.
Periphery Vision: Inner commute areas to outperform as prime markets languish
The future looks pretty bright for property prices - as long as you're not banking on central London performance - says Savills in its big round of forecasts.
Steady five years ahead for the UK market; ‘uneasy’ PCL to rebound in 2018 – JLL
A strong and stable domestic economy will underpin the UK housing market over the next five years, says JLL in its latest batch of forecasts, while London looks set to come under increasing pressure.
No price growth for London’s top-end in 2016 – Savills
There is "little scope for significant value uplift next year" at the top of London's market, says Savills, as it casts an eye over what the coming five years may hold for property prices.
RICS doubles house price growth forecast for this year
The Royal Institute of Chartered Surveyors has amended its forecasts for this year to reflect higher price growth and lower transaction levels.
CEBR triples house price forecast to +4.7% this year, but London ‘weighed down’ by prime sector
The Centre for Economics and Business Research has significantly bumped up its house price growth forecasts for the second time in just three months, but London's price growth is being "weighed down" by…
OBR cuts 2020 house price forecasts by 5% – but the Budget won’t affect the market
The Office of Budget Responsibility has revised its medium-term forecasts for the property market down by 5% to +34.1% by Q1 2020, but not as a result of yesterday's Budget.
In real terms, that's a +13.
Prime central London property price growth ‘likely to bottom out’ this Summer – Knight Frank
Prime central London property prices are becoming "more sober" as annual growth has now slowed to just +2% - down from +8.
Architects stay positive as resi forecasts continue to lead the market
The RIBA's Future Trends Workload Index nudged up only very slightly last month, moving from +36 in April to +37 in May.
Savills tempers prime property market forecasts
Savills has "relaunched its weather balloon" into the post-election atmosphere to gauge the new temperature of the property market, taking the opportunity to urge all political parties to help avoid the…