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In the UK, property prices will rise by 11.5% in the next five years

13.11.2012
Homesoverseas.ru editorial office
31
House prices in Britain will rise by 11.5% over the next five years, but the growth will be "eaten" by inflation, according to the latest analytical report of Savills real estate agency, says the publication Property Wire. This will increase the number of Britons, removing property, and the resulting average value rents rise by 18% in the country. Despite the fact that the average price of real estate has decreased by 2% this year, Savills analysts expect that it will rise by 0.5% in 2013, and in 2014 by 1.5%. Total, the general rise in property prices over the next five years will amount to 11.5%. However, stripped of inflation the value of property in this period will decrease by 3%. HomesOverseas.ru
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