Con­fi­dence re­turns with ris­ing prices

Yorkshire Post - Property - - PROPERTY -

HOUSE­HOLDS per­ceived that the value of their homes rose in July for the fifth con­sec­u­tive month, ac­cord­ing to the House Price Sen­ti­ment In­dex from Knight Frank and Markit.

More than 18 per cent of the 1,500 home­own­ers sur­veyed across the UK said that the value of their home had risen over the last month, while only 7.4 per cent said the value had fallen. Re­spon­dents in all re­gions ex­pect the value of their prop­erty to rise over the next 12 months, with those in the South East the most con­fi­dent

Gráinne Gil­more, head of UK res­i­den­tial re­search at Knight Frank, said the find­ings in­di­cated a deeper con­fi­dence in the hous­ing mar­ket.

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