Forecasts
London house prices to rise by 31% over the next five years – CBRE
After peaking this year, the UK's resi market is entering a "sustainable growth phase", according to CBRE, as the firm announces its forecasts for 2015 and beyond.
Forecast: London rents to outpace house prices in 2015 – Marsh & Parsons
London's rental prices are likely to rise by 10% next year, thinks Marsh & Parsons, driven by strong tenant demand and a flourishing corporate sector.
Winkworth calls time on London’s property boom but business performance remains ‘in line with expectations’
"The spike experienced in London at the end of the first quarter has progressively subsided, especially in the prime central London market," says Winkworth in a market outlook statement issued just before…
2015 Forecast: National mainstream market, +3-5% – Halifax
Halifax is predicting that house prices across the country will rise by between 3% and 5% in 2015, but London's prime market is likely to be hit by "global economic worries".
FORECASTS: ‘Ugly Betty’ properties, the £2m opportunity, and the rise of rural – Stacks
Property search agency Stacks has canvassed its senior types to come up with a series of mini-forecasts for next year.
Here are some nuggets:
FORECAST: UK Prime Regional Towns +4% to +7% next year; PCL -2% to +1% – Carter Jonas
Forecast season started early this year. So much so that it still feels a bit too soon for mince pies, yet we've already had 2015 predictions from all these firms.
FORECAST: 2015 to be ‘reverse image’ of 2014 – Winkworth
Next year will mirror this year's market, says Winkworth, with May's election as the pivot point between a quiet first half and a following rally.
FORECAST: Mansion tax could mean a 10% fall for superprime London next year – Savills
Savills has issued forecasts for two scenarios for the prime market in 2015: one with and one without a mansion tax. It makes quite a difference...
FORECAST: +4% for UK house prices next year; +1.5% for PCL – JLL
JLL has predicted that UK house prices will rise by 4% next year, and is expecting Greater London to significantly outperform PCL.
Growth in prime central London will stand at 1.
FORECAST: +5% for UK house prices next year, but only +2% for PCL – Strutt & Parker
Strutt & Parker is more optimistic than Knight Frank about what 2015 holds in store for the UK's property market, but there's not much in it.
FORECAST: PCL values to double over the next ten years – D&G
There's value in prime central London's £2m-£4m bracket if you take a longer term view, says D&G Asset Management.
FORECAST: +3.5% for UK house prices next year, but 0% for PCL – Knight Frank
Average UK house prices will rise by 3.