House prices

Meeting: 
MQT on 2014-10-22
Session date: 
October 22, 2014
Reference: 
2014/3712
Question By: 
Tom Copley
Organisation: 
Labour Group
Asked Of: 
The Mayor

Question

A recent forecast by Hamptons International estimated that house price inflation in London would reduce from 19.1% in the year to July 2014 to 3% over the course of 2015. Do you believe this forecast is realistic and what do you believe are the economic implications of a fall in house price inflation?

Answer

Answer for House prices

Answer for House prices

Answered By: 
The Mayor

Please see my response to MQ 3621 / 2014.