Asking prices stay static in Yorkshire
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.”