Con­fi­dence wanes over price rises

Yorkshire Post - Property - - PROPERTY -

LON­DON­ERS ex­pect house prices to rise 6.2 per cent by Christ­mas but home own­ers in the re­gions are less con­fi­dent.

Al­though 57 per cent of home own­ers ex­pect house prices to rise over the next six months, the pro­por­tion has fallen from the 59 per cent in March. In early 2010, 81 per cent of home own­ers thought prices would rise, ac­cord­ing to prop­erty por­tal Zoopla.

Those who do think house prices will rise are pre­dict­ing an up­lift of 2.6 per cent over the next six months.

Tight lend­ing con­di­tions con­tinue to trou­ble con­sumers, with nearly one-third (32 per cent) of home own­ers sur­veyed say­ing that it is harder to get a mort­gage now than three months ago.

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