Mar­ket trend set to con­tinue in 2012

Yorkshire Post - Property - - PROPERTY -

THE prop­erty mar­ket in 2012 is likely to con­tinue in a sim­i­lar vein as it has both this year and last, ac­cord­ing to Stu­art lawe of As­setz, who fore­casts flat house prices buoyed over­all by a strong per­for­mance in key lo­ca­tions, par­tic­u­larly Lon­don and up­mar­ket com­muter hotspots in the south east.

“I ex­pect national house prices to end this year just into pos­i­tive ter­ri­tory at around 2 per cent ver­sus our orig­i­nal 5 per cent fore­cast, as a re­sult of the faster than ex­pected pub­lic sec­tor job losses and the eu­ro­zone cri­sis.

“We ex­pect that this will be fol­lowed by an in­crease in val­ues of around 3 per cent in 2012, with many parts of the coun­try see­ing no growth or mar­ginal price falls,” he added.

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