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Residential property prices 'set to improve across the UK'
08/10/09
Residential property prices will now begin to improve across Britain, according to one commentator.The recent upswing in house prices in the south of England bodes well for the rest of the UK, according to iammoving.com's James Wrightson.
As marketing manager at the website, Mr. Wrightson claimed positive signs in the southern counties will "inevitably" have a positive impact on the housing market in the north as well.
He was commenting on a new report from Savils for the Sunday Times, which revealed house values increased by 9.7% since March this year in Hampshire, with Berkshire, Essex, west Sussex, Cambridgeshire and Kent also experiencing an upturn.
"New life appears to be stirring in the surrounding home counties which is ever a good sign that slowly and surely Britain as a whole will be healthy again," he remarked.
This may contribute to a boost in consumer confidence and he advised those who can afford the potential risk to "push a little harder" to find a good deal.
Meanwhile, Primelocation.com recently reported that London asking prices rose by 1.42% in August this year, representing the tenth monthly increase.
