2014 is “the year to move”: Asking prices to rise by 6-8%; transactions by 10% – Rightmove

Rightmove is predicting that asking prices will rise by somewhere between 6% and 8% next year, as stock shortages continue You need to be logged in to see this...

Rightmove is predicting that asking prices will rise by somewhere between 6% and 8% next year, as stock shortages continue to plague the market. London asking prices are expected to rise by 6%, with the South East riding the ripple to rise by 10%. That’s at the top-end of other research units’ forecasts.

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Here’s a quick summary of all the big property market forecasts for next year:

(linked to full report)
England & WalesGreater LondonCentral LondonOther predictions for 2014Date Released
Hamptons InternationalTransaction volume to rise by 50% by 2018, pointing to a healthier market+6% (+24% over five years)+8% (+32% over five years)+3% (+20% over five years)Double-digit transaction volume growth for the next three years (+50% over five years)11/01
Savills2014 to be the “Year of the Super Suburbs” +6.5% (+25% over five years)+6% (+22.7% over five years)+3% (+23% over five years)2015 will be a bit of a dead year, with minimal price rises and a -1% drop in PCL - thanks to the election11/05
Kinleigh Folkard & HaywardLondon prices and transaction levels to rise by 7-10% in 2014n/a+7-10%n/aTransaction levels to also increase by 7-10% in 201411/04
Jones Lang LaSalleNo sign of a slowdown til 2017+5%+8%+8%Transaction levels to increase by 12% in 201411/06
CluttonsResi sales sector “taking no notice of the approaching holiday season”n/a+4%+3%London-wide prices to rise by 4% per year until 201711/07
Strutt & ParkerUK-wide property prices to outperfom PCL+4.4%n/a+3.5%2015 will see 0% growth in PCL, and +3.5% across the UK11/12
Chesterton HumbertsBubblin’ Not: No Property Bubble Ahead+8.2%+8.1%+10.1%Five-year growth:
- England & Wales, +30.2%;
- London, +38.8%;
- Prime London, +48.5%
Knight FrankProperty price rises to "substantially" out-gun inflation+7%+7%+4%Five-year growth:
- UK, +24%;
- Prime outer London, +23%;
- Prime central London, +20%
ReutersHouse prices to rise by 5.7% next year as bubble-talk splits opinion+5.7%n/an/aThere's uncertainty as to whether a bubble is on the cards, and doubt as to whether the Bank of England can do anything about it if there is.11/27
WinkworthWinkworth bullish on transaction levels and suburban prices in 2014n/a+10%+5%Transactions levels to increase by 14% in 2014.11/27
Marsh & Parsons“Strong but not spectacular” 2014 on the cards for prime Londonn/an/a5-7%With the [CGT] change only being introduced in April 2015, we may find a short-term rush for tax-free sales before the policy comes into effect, helping to boost supply and fluidity at the highest level12/10
Rightmove2014 is "the year to move"6-8%10% (South East)6%All prices are Asking, not sold...
Transaction numbers to rise by 10% to one million in 2014.
RICSHouse prices to rise by 8% next year as new instructions “close to stagnating”8%11%n/aTransaction levels to increase from 1.05 million to 1.2 million12/19

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