UK Landlord Forum / Life

Home owners are breathing a sigh of relief after new figures revealed house prices are rising again in many areas.

A predicted slump in the housing market has not arisen, despite the credit crunch.

Latest research by the building society Nationwide yesterday revealed prices nationally were up 4.8 per cent year on year.

It makes the cost of the average house in Britain £182,080 – up £8,334 on the year. And economists, estate agents and other housing professionals say the market will continue to recover when interest rates are cut in the New Year, making mortgages cheaper.

http://www.dailyexpress.co.uk/posts/view/29720

Mwahahahahahahaaaarrrrr

Well, it is only one survey and the Nationwide and Halifax surveys can often say completely different things. And it was published in the Daily Mail, which isn't best known for its reputable journalism. But its interesting. I'll be interested to see if the Halifax one corresponds.


V