UK residential market set to see widening gap in demand and supply in 2015.

Next year is set to see a widening gap between demand and supply as not enough new homes are being built, according to members of the National Association of Estate Agents (NAEA).

Almost half of NAEA members predict a rise in demand for housing in 2015, however demand was down by 4% in November, the association’s latest report shows.

It also says that interest rate rises, changes to stamp duty, and the general election, will cause the biggest impact to the residential property market in 2015.

 

Source: Property Wire

 

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