Great ex­pec­ta­tions for price growth

Yorkshire Post - Property - - PROPERTY -

EX­PEC­TA­TIONS for fu­ture house price growth hit an 11-year high across York­shire dur­ing Novem­ber, as the num­ber of homes com­ing onto the mar­ket fell short of rapidly ris­ing buyer de­mand.

Around 60 per cent more char­tered sur­vey­ors across the re­gion pre­dict prices will con­tinue their up­ward trend rather than fall over the com­ing three months. This is the high­est read­ing since July 2002

Al­though a lack of stock re­mains a big chal­lenge, the num­ber of prop­erty trans­ac­tions is con­tin­u­ing to rise. Dur­ing the three months to Novem­ber, the av­er­age num­ber of homes sold per char­tered sur­veyor in York­shire hit 21, up from 17 in the same pe­riod last year.

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