Coun­try house prices sta­ble

Yorkshire Post - Property - - PROPERTY -

PRIME coun­try house prices in Eng­land rose by 0.4% be­tween April and June, the sec­ond con­sec­u­tive quar­ter of growth. How­ever, prime prop­erty val­ues re­main down by 1.2% on an an­nual ba­sis and are 21% be­low the mar­ket peak in Q3 2007, say Knight Frank.

Ru­pert Sweet­ing, head of Knight Frank’s Coun­try depart­ment, says: “Prices in the coun­try house mar­ket re­main sta­ble, how­ever re­al­is­tic pric­ing con­tin­ues to be all im­por­tant.

“Spring’s late start has been clearly re­flected but in the last month we have been ex­pe­ri­enc­ing en­cour­ag­ing trad­ing con­di­tions and see now as an op­por­tune time to take ad­van­tage of the gulf be­tween the cap­i­tal and the coun­try.”

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.