Pantheon Macroeconomics - The current momentum in house prices partly reflects a dearth of homes offered for sale by existing homeowners. This scarcity reflects a series of constraints, which we think will ease only gradually. Further punchy gains in house prices therefore look sustainable and we expect average prices to rise by about 8% next year.

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4 Nov. 2015 Why Has the Supply of Homes For Sale Fallen so Much?

By Samuel Tombs

The current momentum in house prices partly reflects a dearth of homes offered for sale by existing homeowners. This scarcity reflects a series of constraints, which we think will ease only gradually. Further punchy gains in house prices therefore look sustainable and we expect average prices to rise by about 8% next year.

Posted: 4th Nov 2015 in 'UK Documents'

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