Property prices to rise despite US stay-away, says agent
25 January 2002 by Ben Walker
The next few months will be a good time for publicans and hoteliers to sell, claims property agent Robert Barry.
By the end of last year, particularly in the south of England, demand was outstripping supply. This was fuelled by low interest rates and the prospect of good returns on property-based investments.
A shortage of stock could squeeze prices higher, Robert Barry says in its annual market review.
The review predicts that Americans will stay away during 2002 and trading in London, Stratford, York, Edinburgh and the Cotswolds will not be easy.
On the other hand, areas favoured by British holiday makers such as the Lake District, Scotland and Cornwall could be in for a very good year.
