Topic: Halifax predicts stable house prices in 2012, but others look to 5% fa
HOUSE prices will remain stable next year with a rise or fall of no more than 2%, analysts at the Halifax have predicted.
Martin Ellis, Halifax’s housing economist, said the market has been “resilient” in recent months despite a weak recovery and a worsening outlook for the UK and global economies.
House sales and the supply of properties on the market have remained very stable since late 2010.