Redwood gained extensive coverage for the launch of Cluttons’ August 2010 Residential forecasts in both online and target print media. Quoted amongst the major players in the residential market in The Times (Bricks & Mortar), Property Week and The Telegraph online, Redwood has helped to further position Cluttons’ Residential professional team as experts in their field.
“UK House price growth in 2010 has so far exceeded expectations, with the annual rate of growth now standing at around 10%” comments Andrew Stanford, Head of Cluttons’ Residential professional division. “We predict price growth of around 4% over the year, with house prices expected to flatten out from this point forth. A marginal price increase of just 2% is expected during 2011, as steady rises in interest rates and negligible growth in employment serve to hold values back, despite positive headline growth in the economy.