Over 45s show price pes­simism

Yorkshire Post - Property - - PROPERTY -

THE lat­est Knight Frank/Markit House Price Sen­ti­ment In­dex, shows the over 45s are more pes­simistic.

The un­der-45s ex­pect house prices to rise over the next 12 months while those aged over 45 fore­cast that the value of their home will fall over the next year. Those aged over 45 pos­sess most of the hous­ing eq­uity throughout the UK.

How­ever, the trend is also seen among those rent­ing.

Six of the 11 re­gions in Eng­land and Wales ex­pect in­creases. Lon­don­ers re­main the most up­beat about price rises. House­holds in Wales also thought the value of their home would in­crease. In con­trast, that out­look re­versed sharply in York­shire and the East Mid­lands.

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