Wednesday, August 11, 2010
Savills Residential Property Focus - August 2010
Here is the link to the full report that I blogged about yesterday.
It is beautifully produced and well written by one of the most respected property researchers in the UK.
I heartily recommend that you download it and spend time reading it.
On page 5 you'll see forecasts for the market in 2015 - the analysis is carefully thought through and well presented.
But.....on a day when the economist at World First tweeted "Errr.... The US is bankrupt. Why has everyone not realised this"? (albeit in jest I hope) and Trulia saying that one in four of their US property listings has seen a price cut, can these forecasts be any more than an expensively educated guess?
It's all good fun though and it fuels the flames of media coverage.