New Year… New Predictions

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With a new year come new predictions about the direction of the property market. Rightmove is saying that they will barely move. Some parts of the country will see price rises of between 2 and 4 per cent, while in the south of England it believes that prices could fall by 2 per cent.

Miles Shipside, a director of Rightmove, says: “Regions in and around the influence of London saw prices go up in a five-year period by an average of around 40%. Consequently, we forecast that these previously booming areas will continue to see modest downward price re-adjustments in 2019.”

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