You would have thought forecasters would have given up trying by now, after failing to foresee a vote for Brexit and Trump.
So how will housing market commentators fare?
The Reuters 2016 Housing Market poll shows that on average, industry representatives think prices will rise 4.7% this year, 2% next year and 2.7% the year after.
There were 20 contributors to the poll included several banks, the Council of Mortgage Lenders as well as Knight Frank, Henry Pryor and eMoov.
Each contributor was asked on a scale of 1-10 how the current market is priced. The average score was five, suggesting values are about right.
However, pricing in London was given an average score of eight, suggesting it is too expensive.
The majority (14) of respondents also said the London housing market would get worse.
Asked about the future of the housing market since the Brexit vote, 11 said it would get worse, eight said there was no change and one said it had got a lot worse.
There was less concern about the Autumn Statement with 12 saying it had made no real impact and eight registering a small impact.
“However, pricing in London was given an average score of eight, suggesting it is too expensive.
The majority (14) of respondents also said the London housing market would get worse.”
So another London centric poll
It seems to me, these pollsters think if London is doing OK then the rest of the UK must be too.
The rest of the UK is doing fine, #thankyouverymuch !
Poor Londoners, 2017 is gonna be a hard slog, but not for anyone else !
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