Confidence that house prices will rise over the next year has grown to its highest level
CONFIDENCE has grown to the highest level in at least 18 months that house prices will rise over the next year.
Nearly four in 10 (38 per cent) people predict that house prices will rise during 2013, while less than a fifth (18 per cent) forecast declines, according to Halifax.
Findings show the overall price outlook balance, which is worked out by subtracting the share of people who expect price falls from those who predict rises, stands at 20 — the highest reading since the survey began in April 2011.
Although there is overall increase in confidence that house prices will go up next year, Halifax found evidence that the market will remain fairly sluggish.
Business Cards From Only £10.95 Delivered www.myprint-247.co.ukView details
Our heavyweight cards have FREE UV silk coating, FREE next day delivery & VAT included. Choose from 1000's of pre-designed templates or upload your own artwork. Orders dispatched within 24hrs.
Terms: Visit our site for more products: Business Cards, Compliment Slips, Letterheads, Leaflets, Postcards, Posters & much more. All items are free next day delivery. www.myprint-247.co.uk
Contact: 01858 468192
Valid until: Wednesday, May 22 2013
Some 53 per cent said that 2013 will be a good time to buy — around four times the 13 per cent who said it will be a good time to sell. Only nine per cent thought it was a good time to buy and sell.
People living in Wales and the East of England were the least likely to say that prices are set to increase.