Feb 12 2009

Halifax report says that house prices in UK are on a rise

Category: Real estate newsAdmin @ 09:51

UK real estate topic is getting hotter & hotter with one of the top-notch lenders in the UK namely Halifax recording a 1.9 percent gain in house prices over the month of January. This new would surely have taken you back by surprise, isn’t it?

uk housing market

Any assumptions and predictions still remain a daunting task as we have often seen that they turn out to be wrong the other day.

Remember, that the problem of unemployment still remains a major concern as also the poor liquidity that is shattering consumer confidence as ever before. Well, Halifax housing well-known economist Martin Ellis optimistically views this statistic as a sign of stabilization. Let’s keep our fingers crossed that he turns out to be right!

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