News - Midlands
BNP Paribas reports housing growth
The West Midlands housing market rose by 1.24 per cent in Q4 2009 against a forecast of a 0.23 per cent drop, according to the latest report by real estate adviser BNP Paribas Real Estate. The West Midlands saw a larger increase in nominal house price growth than the South West and Wales. Matthew Walton, director of planning at BNP in Birmingham, said: “Our forecast for the Q4 period seems to have been under-optimistic, with the vast majority of regions greatly exceeding our forecasts. The end of 2009 really did see a remarkable rise.”