UK house prices keep grow­ing

Yorkshire Post - Property - - PROPERTY -

THE re­cent mo­men­tum in house prices con­tin­ued into June, with prices grow­ing 0.4 per cent over the month, ac­cord­ing to Home­track.

The in­crease matches that seen in May as the high­est rise in a sin­gle month since June 2007.

The on­go­ing short­age of hous­ing for sale, con­tin­ued growth in de­mand and im­prov­ing mar­ket sen­ti­ment are com­bin­ing to push prices higher.

There is a clear di­vide in mar­ket per­for­mance be­tween Lon­don and south­ern Eng­land and the rest of the coun­try. While un­der­ly­ing con­di­tions have im­proved across all re­gions, prices were un­changed in four ar­eas, in­clud­ing York­shire.

Home­track says a widen­ing gap be­tween sup­ply and de­mand is driv­ing up prices.

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.