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Tuesday, 30 March 2010

House Price Rises Slowing

Nationwide figures for March show house prices rising by just 0.7%, 9% higher than March 2009, but lower than the 9.2% year on year increase in February. We see this as a reflection of all the market stats we've seen, with fewer buers in the market, relatively little activity, mortgage approvals falling etc.

House sales remain well below previous levels with just 58,000 sales in February, up 14% on January, but well down on previous levels - there werre 103,000 sales in December as people raced to completed before the end of the year and the end of the stamp duty holiday, but even with the stamp duty holiday, sales failed to reach previous high levels and we expect this trend to continue in 2010.

If you want to sell your house, but are struggling to find a buyer, or need to sell within a short period of time, then do call Quick Move Now on 0800 068 3366. We are the leading specialists in quick house sales in the UK and we can help you.

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