House prices will fall 2.7pc in the next year, says Office for Budget Responsibility - Telegraph
The expected contraction in residential property prices represents a downwards revision of five percentage points on the OBR's June forecast for 2.3pc growth in 2011/12.
Mortgage approvals and enquiries from new buyers now point to "muted transactions growth" in the near term, the OBR said, echoing the view from economists who see the slowdown in the housing market intensifying.
Oxford Homes Direct are estate agents in Oxford. Letting agents,Oxford. House to rent Oxford. Property for sale Oxford. Flats in Oxford for rent. House for sale Oxford. Apartments for rent Oxford. Find houses Oxford. Rooms to rent Oxford. Homes direct in Oxford. Make the right move & find Oxford apartments, estate agents Oxford. www.oxfordhomesdirect.co.uk Oxford estate agents & Oxford letting agent. Rightmove, Oxford. Primelocation, Oxford. Rightmove, Oxford
No comments:
Post a Comment