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When do experts see property prices rising?

Would it be fair to say they will rise in the next 8-10 years?

Asked on Sep 12 2011, House Prices in London | Report content

Answers (4)

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  • I would imagine we will be waiting up to 10 years for house prices to be where they were in 2007. But they will inevitably rise in that time.

    Answered on Sep 12 2011, Report content
  • I think that things will be relatively stable for 5 years at least whilst repossessions slow down and businesses stablise. Less desirable areas may continue to fall slightly in that time.

    Answered on Sep 12 2011, Report content
  • As far as the South East is concerned, prices will stabalise, then rise in 3 -4 years time, however much will depend on the banks willingness to lend again, so any trend in a relaxation on lending criteria, and higher loans to value on mortgages, will indicate the banks confidence in the economy, thus enabling a lot of would be buyers back in to the market place.

    Answered on Sep 15 2011, Report content
  • As a prime London buying agent we are seeing record prices being achieved in many of the areas we specialise in, confirming that prices are higher than ever. With super low stock levels and high demand, buyers will pay what it takes to secure the right property regardless of asking price or prices previously achieved. Brook Green for example has now broken the 1,000 per sq ft level according to one local agent who has sold a house for a record price. Will they continue to increase? The general consensus is that prices will continue to increase with many of the large agencies revising their initial low annual growth predictions earlier in the year to much higher figures.

    Answered on Sep 15 2011, Report content

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