Qualified advisers answering your
Financial Questions
call 0800 092 1245

Estate agents expect end of house price falls within a year

The majority of estate agents remain optimistic that house price falls will halt within a year.Of survey of 100 estate agents by Abbey found that 30 per cent believe house prices to stop falling in six months time. Meanwhile, a further 31 per cent said that house price deflation will stop within 12 months. Phil Cliff, director of Abbey Mortgages, said: "Estate agents and homeowners believe that, despite current movements in house prices, we are unlikely to experience a really prolonged period of house price falls."Most think the period of decline will be over within a year and a very small minority think it will last longer than two-three years." According to Nationwide, prices fell by almost one per cent during June.

Share this..

Related stories

Financial Guides

Financial Calculators

Our useful calculators can help you get your finances in order:

Latest News


Helpful new tax year facts that could affect you and your money

Blog | Seven helpful new 2016/2017 tax year facts that could affect you and your money. Our recent online blog shares a brief outline on how to stay up to date.

Read more

Useful Links

Popular Searches

Please Enter More Details

Enter More Details