| "With the excess supply of unsold properties increasing, further house price falls are inevitable over the coming months. Notwithstanding the current weakness in the market, we expect house prices to stabilise next year and recover in the second half." | |
| John Wriglesworth | November 2004 |
| "I’m afraid the prospects are bleak for people who are currently paying rent and aren’t able to make the necessary compromises [to get on the housing ladder] (whether that is a longer journey to work or an extra job to save for a deposit). But the earlier you get on the ladder, the less it will cost in the long run. " | |
| Phil Spencer | November 2004 |
| "Don’t be fooled: unless you’re committing to being a tenant forever, you need to get yourself on the ladder...things will not get easier." | |
| Phil Spencer | November 2004 |
| "Public sentiment has finally accepted there will not be a crash." | |
| Phil Spencer | November 2004 |
| "Consumers are extra cautious in the run-up to Christmas this year. Profitability is under pressure across all sectors and there is an unusual amount of uncertainty about future prospects for global oil prices, the US dollar and UK house prices." | |
| John Cridland, Deptuty Director General, CBI | December 2004 |
| "While transactions have picked up a little this month, a further reduction in new buyers and a further increase in supply suggests no prospect of price rises in the near future. It is a buyer’s market with discounts achieved as a percentage of asking price typically being well over 6%, equating to £12,000 savings on an average priced property." | |
| John Wrigglesworth | August 2005 |
| "The strength of the market this year has been surprising. Indications are the market will retain significant momentum through the first half of 2007 due to solid economic growth and rising employment." | |
| David Stubbs, RICS economist | December 2006 |
| "The housing market is moving into uncharted territory as we enter a period of low growth and lower turnover, a trend not seen since the 1950s" | |
| Richard Donnell, Hometrack | December 2006 |
| "the overall strength of housing demand will limit the negative impact on prices. This contrasts with experiences in the early 1990s where prices dropped following sharp interest rate rises" | |
| David Stubbs, RICS economist | December 2006 |
| "We believe some moderation of this growth is now likely as higher borrowing costs tend to have a lagged effect on the market. The likelihood of a further rise in base rates in February looks finely balanced. If it does happen, the housing market will cool more rapidly. If rates are left unchanged, we expect price growth in 2007 to slow gently, with prices up on average 5.5% by year end." | |
| Warren Bright, Propertyfinder.com | December 2006 |
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