Pos­i­tive signs for hous­ing mar­ket

Yorkshire Post - Property - - PROPERTY -

THE sur­prise in­crease in house prices in Au­gust is the lat­est ev­i­dence that prop­erty buy­ers are en­joy­ing a rel­a­tive pos­i­tive 2012, ac­cord­ing to con­veyanc­ing spe­cial­ists Ir­win Mitchell, which saw an in­crease in com­ple­tions over the month.

Fig­ures from Na­tion­wide re­veal that prices rose by 1.3 per cent in Au­gust, though they re­main 0.7 per cent lower than 12 months ago.

He­len Hutchi­son, of Ir­win Mitchell’s Sh­effield of­fice, says: “This new Na­tion­wide re­search sug­gests that the mar­ket is mov­ing slowly in the right di­rec­tion. We have also seen our num­ber of com­ple­tions rise, which pro­vides some in­di­ca­tion that sen­ti­ment in the mar­ket be­came a lit­tle more pos­i­tive.”

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