Prices strengthen across the coun­try

Yorkshire Post - Property - - PROPERTY -

THE lat­est re­search from Home­track re­veals that the hous­ing mar­ket con­di­tions con­tin­ued to strengthen across the coun­try in Septem­ber.

Richard Donnell, di­rec­tor of re­search at the prop­erty busi­ness, says: “Grow­ing con­fi­dence amongst buy­ers, con­tin­ued growth in sales vol­umes and a drop in the num­ber of homes for sale pushed house prices 0.5 per cent higher over the month. This is the strong­est monthly in­crease in house prices since May 2007.”

In York­shire, prices were static but house sales were up five per cent and sell­ers ob­tained an av­er­age 95 per cent of the ask­ing price. The num­ber of homes on the mar­ket fell by 1.3 per cent.

Home­track say talk of a hous­ing bub­ble is over­done.

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