UK house prices are still rising
It has already been six months since house prices have started to rise. Very worrying state of the market have left us with uncertainty and continues to grow bad feelings about the economy. Accordingly to the closed watched index, the prices are still on the rise, but slower than during the summer, it’s slowing down. It is still 13.1 per cent form the peak which we have seen in 2007 but experts agree that the marked received a boost after the mortgages have been lowered after October 2007.
The very sluggish improvement in the time needed for the properties to become available on the market also means that there is a slowdown in the constructions area. Maybe this time development companies will learn how to build and finish their jobs properly.
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