Peter Rollings commenting on today's house price figures from Nationwide
"House prices have rebounded faster than anyone expected, owing to the chronically short levels of supply on the market. It’s a classic case of supply and demand forces at work. But, the threat of unemployment will not go away and as the shortage of supply begins to ease in the autumn, house prices will return to a more modest rate of growth for the remainder of the year. However, the historically low level of new properties being built is an accident waiting to happen."
For further information please contact:
The Wriglesworth Consultancy, James Staunton / Tom Urpeth, 0207 427 1400
Bookmark
Email this
Comments (0)
Subscribe to this comment's feed
Write comment
