UK Housing Market
Making predictions can be a dangerous game and if there's one topic that divides opinion it is the property market.
Last year, many of Britain's housing market experts called only modest increases for 2006, of between 1% and 4%. But it wasn't long before the London-led property revival saw a raft of revised forecasts.
Similarly, armchair pundits who had suggested doom and gloom were left stranded by reports that prices were rising rapidly. The general consensus among the major house price reports was that prices ended up rising by an average of around 9% in 2006... read more