Category Archives: Real Estate

House prices rise by 4.4 per cent in 2013

House-Prices-in-2013According to a recent survey property prices in the UK rose by 4.4 per cent in 2013, reversing the fall of 0.3% in 2012.

Demand has grown at its fastest rate in three years while the supply of new homes grew at the lowest rate recorded level in the 12-year history of the survey.

Demand is expected to continued to roll into 2014 as consumer demand coupled with the scarcity of homes and the fact that mortgage rates are at their lowest recorded in history, play a significant roll in the recent hike in house prices Continue reading