Ask­ing prices stay static in York­shire

Yorkshire Post - Property - - PROPERTY -

AVER­AGE ask­ing prices across the UK rose an­other 0.6 per cent in the last month, push­ing the year on-year in­crease to 3.6 per cent, the high­est rise since March 2008, ac­cord­ing to Home.co.uk.

In York­shire, ask­ing prices re­mained static and rose by just 0.9 per cent over the past year.

Doug Shep­hard, di­rec­tor at Home.co.uk, said: “The cur­rent trends are clearly show­ing an over­all mar­ket shift in favour of ven­dors. Prices con­tinue to re­cover and re­stricted sup­ply is en­cour­ag­ing more com­pe­ti­tion be­tween buy­ers. How­ever, many po­ten­tial ven­dors are still re­luc­tant to sell. Rel­a­tively cheap mort­gages, strong de­mand in the rental sec­tor and ris­ing val­ues make prop­erty an at­trac­tive and se­cure in­vest­ment.”

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.