Tuesday, January 12, 2010
The average house prices back above the $200,000 barrier after rising by 1.7% during November, Government figures have shown.
The average UK house now costs £200,454, 0.6% more than in November 2008, according to Communities and Local Government (CLG).
It is the first time that annual house prices inflation has been positive since June 2008 as the property market continues to recover.
But separate research from the Royal Institution of Chartered Surveyors (RICS) showed that the rate at which prices are increasing slowly during December as the gap between supply and demand narrowed.
Thirteen per cent more surveyors expect further price rises during the coming three months than those who think there will be falls, but only 6% more expect sales levels to continue rising, down from a balance of 20% in November.
posted
by World House Info @ 10:57 PM
permanent link
|
Post a Comment
|
| Share |
|
0 Comments:
Post a Comment
<< Home