are house prices going to drop 2016
London house prices forecast to drop 3.6% this year as mansion tax fears and stamp duty hit overseas demand-but rest of the UK will see a small rise. 1  CEBR forecasts UK prices to rise 1.5% in 2015 - they rose 10% last year. 2  London prices to pick up again in 2016 with 2.7% growth, rising 6% in 2017. London house prices forecast to drop 3.6% this year as mansion tax fears and stamp duty hit overseas demand-but rest of the UK will see a small rise. 1  CEBR forecasts UK prices to rise 1.5% in 2015 - they rose 10% last year. London top properties: The Cebr forecast prices in the capital to fall this year, but expects a pick-up in 2016. The value of properties across the UK, meanwhile, is expected to rise by just 1.5 per cent in 2015, although this is up from a previous forecast of a 0.6 per cent fall. Several investment banks have warned a slowdown in Australia’s housing market could trigger a recession in 2016. Macquarie Bank forecasts house prices declining gradually by up to 7.5%, starting March next year. Credit Suisse says that housing is ‘ no longer the safe haven asset’. With my expectations for US unemployment to fall to below 6.5% by 2016, this will act as an accelerant on US house prices i.e. US house prices response will be leveraged to increasingly LOWER rates of unemployment i.e. a fall from 7% to 6.5% will engender a greater response than a fall from 7.5% to 7%. House prices will start falling in 2016-17 as the threat of rising interest rates coincides with worsening affordability, a big increase in supply and weaker investment returns according to forecaster BIS Shrapnel. Home prices in Singapore could fall by 20 percent between 2014 and 2016 as economic restructuring, tighter population policies and property measures continue to weigh on the real estate market, according to a Bank of America Merrill Lynch (BOAML) report in the media. However, 2015 has seen a turnaround, with year-to-date home sales volume 7% higher than a year earlier as of August 2015. Prices also continue to rise, albeit at a slower pace than 2012-2014. Today’s rising prices will face the headwinds of increasing FRM and ARM rates in 2016. Expect 2015 sales volume to rise slightly over 2014, though held back by persistently high home prices. Sales volume is likely to pick up in 2016 as job numbers continue to grow, to fall back in the months following the inevitable fixed rate mortgage (FRM) rates increase, likely in mid-2016. Several investment banks have warned a slowdown in Australia’s housing market could trigger a recession in 2016. Macquarie Bank forecasts house prices declining gradually by up to 7.5%, starting March next year.
Yes