I'm holding most of the 2007 property price predictions in a file marked "2007 property price predictions", and I'll list them in a post (probably headlined "2007 property price predictions") just before 2006 rolls into 2007. But this one's special. Lombard Street - who successfully pegged 2006's house price growth at what looked like an extraordinarily unlikely 10% - are saying house price inflation could equal, even outstrip, this next year. They're banking on a weaker global economy halting MPC interest rate hikes:

"We are, therefore, forecasting house price rises of between 10% and 15% in 2007," she added.

Holy smokes.