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Article: House prices all set to bounce up again, estate agents insist ; The housing market in Exeter is ready to bounce back, according to estate agents.
- Article from:
- Express & Echo (Exeter UK)
- Article date:
- July 29, 2008
- Author:
CopyrightCopyright 2008 Express & Echo (Exeter UK). Provided by ProQuest LLC. (Hide copyright information)
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The housing market in Exeter is ready to bounce back, according
to estate agents.
A report from the National Housing Federation forecasts that the
current property slump will have ended by 2010 in the South West.
It predicts that prices will then rise by 25 per cent over the
five years.
City estate agents say they agree with the federation's forecasts
-- although further price falls are anticipated for the next year.
Richard Greetham, area director of Bradleys, said: "I firmly
believe that the property market will be on the rise again soon. The
current price decline is overdue. I think it will be a short, sharp
charge.
"It will allow more people to move house, as gaps between semi
and ...