article_snippet.sent: Economists said that the housing market had ‘got ahead of the housing market’ last year and would assume a much more leisurely pace in 2015.
article_snippet.sent: This year will be the first since 2009 that the UK as a whole out-performs London, according to the Centre for Economics and Business Research.
article_snippet.sent: This is because while prices in the capital stagnate, the housing market is still performing well in the East and South-East, and parts of the Midlands and North of England.
article_snippet.sent: But the CEBR said this victory for the provinces would be short-lived, since the housing market will also recover in 2016.
article_snippet.sent: London homes will also suffer no more price falls in the foreseeable future – and are forecast to see annual growth of an estimated 4.7 per cent by 2020.
article_snippet.sent: economists at the think-tank said that radical changes to stamp duty had given the housing market a boost.
article_snippet.sent: ‘the housing market got a bit ahead of the housing market last year, and at the end of 2014 the housing market began slowing down and plateaued.
article_snippet.sent: ‘the housing market has now started to pick up again outside London.
highlights_snippet.sent: Economists said that the housing market had ‘got ahead of the housing market’ last year .