Knight Frank forecast 3% house price dip for 2010

Knight Frank have concluded that house prices will finish this year strongly but dip again in 2011, adding weight to the recent report by economists Fitch. However they put this decline at 3% rather than the 17% forecast by Fitch last week.

Knight Frank added that they do not expect to see a ‘rapid shift away from low interest rates’.

Source: FT.com

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