SALES NEWS: Economists predict continued price rises…


Despite a general slowdown in house prices and the usual seasonal ‘holiday’ slump in August, independent international economists are optimistic about future trends. City analysts, Barclays Capital, Capital Economics, Citigroup, Commerzbank, Goldman Sachs, ING, Nomura and RBS Global, all predict stronger-than-expected UK house price rises over the next five years. They forecast rises of up to 12% in 2014, 16.5% in 2015, 10.1% in 2016, 5.6% in 2017 and 5.0% in 2018. Similar forecasts have been provided by non-City economists such as Experian, CEBR and the IMF.

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