Grounds for op­ti­mism

Yorkshire Post - Property - - PROPERTY NEWS -

PRICES: The Na­tion­wide prop­erty in­dex shows that the an­nual rate of av­er­age house price growth in the UK re­mained broadly sta­ble last month. It stood at 4.3 per cent, only mod­estly be­low the growth rate in De­cem­ber of

4.5 per cent. House prices in­creased by 0.2 per cent over the month, af­ter tak­ing ac­count of sea­sonal fac­tors. Robert Gard­ner, Na­tion­wide’s Chief Econ­o­mist, says: “The out­look for the hous­ing mar­ket re­mains clouded, re­flect­ing the un­cer­tainty sur­round­ing eco­nomic prospects. There are grounds for op­ti­mism. The econ­omy has re­mained far stronger than ex­pected.”

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