Real estate property investment markets have been unsteady in the recent past and UK housing market is no exception. But despite the recession hit world economies, UK housing market is witnessing some positive signs atleast, if not many - a “marked increase” in activity in the early part of 2009, a property group has said.

With mortgage providers striving to boost their home loan portfolios, sales have high probability to augment in the coming months! This is what Roger Russ, operations director for Tyser Greenwood, said: 

“It is difficult to make a projection for the housing market for the coming year with any certainty, but the feedback from many estate agents is that there has been a marked increase in activity towards the end of 2008 and early 2009.”

Getting a bit optimistic about the market is justified indeed with the recent cuts in interest rates easing the mortgage affordability issues that helped depress prices in 2008. Well time will speak out the reality as the year progresses!

Tags: real estate