News
Market Continues to Improve
13 October 2009
A lack of supply is underpinning a gradual resurgence in house prices. The lack of new properties to the market still fails to satisfy an increase in demand for property which is gaining in confidence. Nationwide have reported a further rise in house prices in September being the fifth consecutive monthly price rise. Transaction levels are gradually improving from historically low levels. The market is however still price sensitive and over valued properties are generally not finding buyers. Demand for middle market family houses between £250,000 and £600,000 in school catchment areas is as strong as it has been for 18 months reports Director Robert Toomey.Written by Rob Toomey
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Carver Knowles