According to the latest Jones Lang LaSalle (JLL) UK residential property market forecast, the recent revival in the market will not continue, predicting that prices will probably maintain their current level until the end of the year but will fall by -7% in 2010.

The report said: ‘ Our view is that the present recovery is quite fragile and that at sometime over the next six months housing market sentiment and prices will fall back. This could occur quite naturally or have a trigger event.

‘This early and strong recovery...obviously raises questions as to whether the recovery in prices can be sustained and whether the house price falls are indeed over for this part of the cycle.

‘While the recent drive in the market is encouraging, it is impossible to ignore the short-term risks posed to the UK residential sector by rising unemployment and poor credit availability.’

JLL does not expect a lasting recovery before at least 2012, with an anticipated growth of +8% by 2014 with the southern regions of the UK and London in particular showing signs of recovery first.