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ARTICLE · 02 JANUARY 2014

Property Survey 2013

Smith & Williamson
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This survey was conducted in September 2013 and 481 people working in the UK property industry provided some real insight into the state of the UK real estate market.

United KingdomReal Estate and Construction
Mark Webb
Mark Webb

This survey was conducted in September 2013 and 481 people working in the UK property industry provided some real insight into the state of the UK real estate market. The back drop was improving UK GDP, a nascent housing boom in London and concerns about when interest rates would rise.

The Government clearly wishes to stimulate a general economic recovery and the property industry is very much part of that. House price inflation has picked up and is expected to grow further in 2014, tempting more people into what looks like a one-way ride.

In the residential sector the story is one of a booming housing market, driven by loose money and tight supply. Commercial property investment is also back on track and expected to perform. However, the UK property market in line with the economy as a whole is still unbalanced.

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