UK house prices showing best growth in 3 years
People selling their homes in the UK through estate
agents have been experiencing positive movements price-wise
throughout the first months of 2013, and this continued in quarter
two, it has been reported.
Latest figures released by Halifax have shown that the rate of
increase in what people are paying rose to the fastest pace in
three years in the second quarter of the year.
Compared to the first three months of the year, prices were 2.1 per
cent higher, the fastest level of growth seen at any time since
January 2010, when it was 2.9 per cent.
And compared to a year earlier, the cost of buying in June rose by
3.7 per cent. This was the best rise seen in the UK in any year
since August 2010, showing that the market is now maturing, growing
and returning to strength.
Martin Ellis, housing economist for the building society, said:
"Improved confidence in both the housing market and the economy,
combined with a shortage of properties available for sale, appear
to be pushing up house prices."