Wednesday, July 12, 2006
Sellers Put House Prices Under Pressure
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.