UK house price growth will slow in 2017
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UK home price development is going to slow in 2017, but the legacy of insufficient housing will suggest that need will outstrip supply and lead to a three % growth for the season as predicted by surveyors. Even though the majority of bullish real estate industry improvement in the brand new year, published thus far, the Royal Institution of Chartered Surveyors said it anticipated development will be about half of that in 2016. A year before, he predicted an increase of rates by six %, even though the recognized figures on the track to fulfill that here, with the yearly growth rate of October at 6.9 %.
Full article
https://www.theguardian.com/business/2016/dec/21/uk-house-price-growth-2017-surveyors-rics
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