Property Price Predictions 2016
Hello All,
As a member of the NAEA I was reading a very interesting survey which was sent to me for December 2015. The main question they were asking was what will affect the market the most in 2016?
- Interest rates rising
- Not enough supply
- Rising demand
- Rising house prices
- FTBs using the Help to Buy ISA entering the market will affect supply and demand
- Additional 3% Stamp Duty Tax payable by Landlords/Second home owners
Obviously there are a lot of factors at play which will make 2016 one of the most interesting years in property for a long time.
I am interested in seeing what Consumer confidence is like out there toward the market this year and so have created a poll asking for your property price predictions- it would be great if you could take part.
