2015 housing market predictions
January . 2015
As 2015 gets underway, we look to the year ahead and wonder what it has in store for us. At the moment there is a good deal of uncertainty as to how the housing sector will perform this year. The collapse of oil prices, free falling values of some of the World’s major currencies and a weak Eurozone has led to a fragile global economy and coupled with the prospect of a close general election, the outlook is one of caution.
Despite improved trading conditions in 2014 and the recent welcome overhaul of the stamp duty system, many commentators are forecasting UK house prices to remain virtually static in 2015 and for the London market not to be quite as buoyant as it has been in recent years. However prospects for the country sector appear to be more upbeat with the expectation that rural towns and villages, particularly in Southern England, will continue to perform well.
As is ever the case, attractive rural and village cottages and houses for sale or let in the areas covered by Rural View including South Wiltshire, North Dorset, South Somerset and West Hampshire are sure to remain in strong demand particularly those in the most desirable locations.