Wednesday, July 12, 2006

Sellers Put House Prices Under Pressure

Testing Times For The UK Property Market

Affordability constraints have led to "a delicate balance in a highly price sensitive market," reveals the latest Asking Price Index report from Home.co.uk. A further asking price rise of 0.3% in July reflects growing seller confidence, thereby creating upward pressure on house prices in England and Wales. Greater London led the way as July's prices jumped by 2.3%, shrugging off a weak performance in Q2.

Posted by tinecu @ 10:28 AM (585 views)
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