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RICS forecasts 3% house price rises next year – but nothing in London

The RICS this morning forecast average UK house price inflation next year of 3%.  However, it is predicting no growth for London.  It also thinks sales volumes will edge up to £1.25m, and that rents will rise by 2%.

Its forecasts are:

UK REGION PREDICTED GROWTH in 2015 (%)

East of England   3

East Midlands    3

London    0

North East   3

Northern Ireland   4

North West   5

Scotland   4

South East   5

South West   2

Wales   2

West Midlands   5

Yorkshire and Humberside   5

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