Monday March 30, 2020

UK housing price index hits 3-year high

"There is still a very long way to go until we see a full-scale recovery but green shoots are beginning to sprout".

11th June, 2013
British housing price index rises

A key British housing price index rose in May to a three-year high as government credit-easing programmes revived buyer interest across the country.

The Royal Institution of Chartered Surveyors said its price index increased to 5 from 1 in April, on the basis of a monthly poll of property surveyors.

A positive number means more respondents saw values increase rather than decline. Measures of new buyer enquiries and newly agreed sales reached levels last seen in 2009.

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