January welcomed some good news for a change in the UK housing market as prices rose by 4.1 per cent and the chances of selling your house quickly also increased. A steady increase in buyer interest and the low number of properties actually available for sale ensured that property prices increased in both England and Wales by an impressive 4.1 per cent. The new figures were released on Monday by property specialists Rightmove and the news will be welcomed by millions across the country looking to become part of the housing market again; either as a buyer or seller.
Selling houses fast has been near non-existent in the past year and last month saw figures declining further by 2.2 per cent so this month’s figures have come as a bit of a shock to many. The first week of January saw Rightmove attract 26 per cent more website traffic than over the same period last year with 157.4 million pages viewed and the property specialists are taking it as an early indicator that 2010 will see big improvements in the sector.
Selling your house quickly, if at all, has put a lot of pressure on the already fragile economy and the new found confidence in the market will hopefully see a shift in trends with more people looking to buy; increased numbers of people looking to sell should follow. One factor that many are still concerned over is the pending general election that is due to take place later this year as many fear government spending and a rise in interest rates will break the growing momentum that is currently building up.
If you wish to receive further information on our sell house fast scheme, please contact Property Cashpoint for further information.
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