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RICS forecasts 3% house price rises next year – but nothing in London
The RICS this morning forecast average UK house price inflation next year of 3%.
However, it is predicting no growth for London.
It also thinks sales volumes will edge up to 1.25m, and that rents will rise by 2%.
Its forecasts are:
UK REGION
PREDICTED GROWTH in 2015 (%)
East of England 3
East Midlands 3
London 0
North East 3
Northern Ireland 4
North West 5
Scotland 4
South East 5
South West 2
Wales 2
West Midlands 5
Yorkshire and Humberside 5
http://www.propertyindustryeye.com/rics-forecasts-3-house-price-rises-next-year-nothing-london/
