Lead­ers and lag­gers re­vealed

Yorkshire Post - Property - - PROPERTY -

RE­SEARCH from Sav­ills re­veals the his­tory of the hous­ing mar­ket is re­peat­ing it­self as the tra­di­tional mar­ket lead­ers again out­pace the lag­gers, both in terms of house price growth and trans­ac­tions.

Lu­cian Cook, di­rec­tor of re­search at the prop­erty ad­viser, says: “The schism be­tween the best and the rest is ex­pected to con­tinue to grow as the re­cov­ery pro­gresses. For a long time we have known that cer­tain ar­eas of the coun­try (typ­i­cally lo­cated in Lon­don and the South East) lead the re­cov­ery be­fore the lag­gers (of­ten the north­ern metropoli­tan ar­eas) catch up.”

The top ten mar­ket lead­ers are all Lon­don bor­oughs, though re­gional mar­ket lead­ers in­clude York, Soli­hull, the Cotswolds and Bris­tol.

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