2015: What’s your prediction?

October 22, 2014
Kerb appeal

In the past couple of months, several articles have been published, predicting how the housing market will change when we reach 2015. Keeping account of all these predictions can be quite difficult and confusing for many property professionals. Therefore, we’ve summarised all of these predictions.

Daily Mail  

Recently, the Daily Mail predicted a fall in house prices when we reach 2015. They go on to explain how a turning point is likely to occur, as prices will slip by 0.8% during 2015 as well as highlighting how these figures are national averages and do not represent the whole of the UK. Back in August 2011, the Daily Mail predicted house prices to rise to an all-time high by 2015 with an average price climbing 14%. Both of these predictions clearly establish how the market is continually changing and becoming even harder to predict.

Reuters

Back in January, Reuters predicted house prices to rise until mid-2015. This rise will be the start of a broader upturn in housing market activity. They go on to explain how during 2014 the housing market had been hit with a financial crises and so would start to catch up with rising house prices by 2015. In total contrast to the Daily Mail’s and Guardian’s predictions, Reuters go on to explain how house prices will continue to rise and start to strengthen the economy.

International Business Times

The International Business Times reported some interesting statistics about the 2015 housing market. The statistics reported by the International Business Times and Knight Frank reveal UK house prices to slow down and only rise by 3.5%, compared to double digit growth the industry has recently been experiencing. They go on to report, by 2019 a surge in house prices by another 18.2% throughout 2015 to 2019.

Property Industry Eye

Lastly, the Property Industry Eye report similar findings to the Daily Mail and the Guardian, as they predict house prices to fall by 0.8% throughout the 2015 period. Whatever change we see in the housing market, we hope the current industry remains stable and continues to aid property professionals to grow in the current industry.

What’s your prediction, how will the housing market change during 2015? Tweet us @VTUK or like us on Facebook and share your opinion with us at VTUK.

VTUK MASTER LOGO AWK3_no bg.

Founded in 1989, VTUK is the UK’s leading independent property software company. Our award-winning software, widely acknowledged as setting the industry standard, is used by agents nationwide. Our products are bespoke, with specific software solutions for each distinct group of property professionals, including lettings and management agents, estate agents, councils, housing associations and many more.

Give us a call FREEPHONE 0800 3280460 or visit www.VTUK.com to find out how we can assist your business.

Alex Evans

You May Also Enjoy

Home and Living

Signs of Outdated Wiring in Older Tulsa-Area Homes

Tulsa has a lot of beautiful older homes. Brookside bungalows, Maple Ridge tudors, the postwar neighborhoods that fill out Midtown and East Tulsa. They were built well, but most were built before central air, before microwaves, before two-car households with two laptops and a dozen phone chargers. The electrical systems inside them were designed for…
Read More →
LIVING BY THE SEASIDE 2022
Breaking News

Britain’s seaside price hotspots revealed

New analysis from the UK’s largest property platform Rightmove reveals Britain’s seaside hotspots where prices are rising the fastest Bootle in Merseyside leads the way, with average asking prices up 11% year-on-year, followed by Crosby in Liverpool (+9%) and Penarth in South Glamorgan (+9%) Other coastal locations including Llantwit Major in South Glamorgan (+8%) and Llanelli, in Carmarthenshire (+7%) are also seeing strong price growth Average asking prices are currently 0.3% lower in Great Britain compared to last year, with some seaside hotspots outpacing the…
Read More →
Estate Agent Talk

Hertfordshire emerges as strongest performing London commuter county

New research from UK Property Development reveals that while London property prices fell by more than -3% in the past year, prices in some of the capital’s surrounding counties have enjoyed positive growth, none more so than the premium commuter county of Hertfordshire.   In the past year, London’s average house price has fallen by…
Read More →
Estate Agent Talk

Second homes losing appeal among the rich

New Survey Reveals Ongoing Maintenance Is the Biggest Barrier to Second Home Ownership   62% say upkeep and hassle would stop them from buying a second home, even if money were no object   A new survey conducted by luxury co-ownership platform Equity Residences has revealed that the practical realities of owning a second home…
Read More →
Letting Agent Talk

How to build a property portfolio with buy-to-let mortgages

One of the reasons property is such a popular asset choice for investors is that you don’t need to invest all the money yourself; you can leverage funds from the bank. Here’s a very simplistic example of how borrowing via a buy-to-let (BTL) mortgage allows you to multiply your returns versus owning a property all-cash:…
Read More →
Home and Living

2026’s Fastest-Growing Bathroom Trend Is the Wet Room

“Wet rooms have become one of the standout bathroom upgrades of 2026, moving from luxury extra to everyday renovation choice as more homeowners prioritise space, style and easy cleaning. The momentum is only building as spa‑style bathrooms stay in demand.” “Wet rooms used to be a niche request,” says Ant Langston, Marketing Manager at Heat…
Read More →