Sunday, April 25, 2010
Rejoice! Rejoice! Rejoice!
"HOUSE prices have leapt nearly 10 per cent in a year, figures will show this week. They are being buoyed by a perfect storm of pent-up demand, the seasonal spring rush, low interest rates, MORE AFFORDABLE PROPERTY PRICES and evidence that the banks are at last lending again. The Nationwide Building Society is expected to report on Thursday that house prices rose 0.5 per cent month-on-month in April, pushing the year-on-year increase to 9.8 per cent, according to think-tank Global Insight."