House prices in the UK will see an average increase of 3%
over the course of next year as the number of transactions stabilises,
according to the RICS housing forecast for 2017. Forecast in brief:
·
Transactions set to stabilise in line with
recent trend, but fall short of full year 2016 outturn
·
Supply shortfall to continue pushing prices
higher with prices to increase by 3%
·
Rents likely to increase by 2-3% across the UK
in 2017
Read more on the RICS website.
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