House Price Divide Will Reverse in 2013, Says Hamptons International

House Price Divide Will Reverse in 2013, Says Hamptons International PR Newswire LONDON, November 6, 2012 LONDON, November 6, 2012 /PRNewswire/ -- Hamptons International expects growth in the UK and South of England property market while London will remain flat 2013 Forecasts Summary South of National England London PCL House Price Forecasts +2% +2% 0% 0% Rental Price Forecasts 0% +2% +2% -1% 2013 2014 2015 2016 UK Mid-Term House Price Forecasts +2% +2% +2% +4% The property market across the UK and in the South of England will see growth in 2013 while prices in Prime Central London and Greater London will remain flat, according to Hamptons International. Hamptons International forecasts a modest increase in transaction levels to 720,000 across England, Wales and Scotland, equating to a one per cent increase on the expected level for 2012 but barely half the level of a normal market for the sixth year in a row, Government schemes, a more competitive mortgage market as well as pent-up demand from buyers are expected to improve conditions in the UK property market.