The average prices in quarter 2 of this year were down in comparison to last year in all regions except London by about 1.1%. Throughout June the market remained stable and with the low level of mortgage applications made & new borrowers coming forward this is set to remain. This is not bad news though as the economy itself is growing for the better. Employment has been steadily increasing and consumer confidence increased also but that could have been down to the warm weather and extra bank holidays, rather than signalling the arrival of any recovery-related feel good factor. Please check out that latest mortgage deals at http://www.comparethemortgagemarket.com/ or call us on 02081231337.
Thursday, 7 July 2011
Average house price index slight decrease
The average prices in quarter 2 of this year were down in comparison to last year in all regions except London by about 1.1%. Throughout June the market remained stable and with the low level of mortgage applications made & new borrowers coming forward this is set to remain. This is not bad news though as the economy itself is growing for the better. Employment has been steadily increasing and consumer confidence increased also but that could have been down to the warm weather and extra bank holidays, rather than signalling the arrival of any recovery-related feel good factor. Please check out that latest mortgage deals at http://www.comparethemortgagemarket.com/ or call us on 02081231337.
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