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British property market shows signs of recovery

Posted on 28 November 2012

The British property market is showing signs of a recovery in 2013. Positive signals can be seen in a national house price index. The report the Rightmove Index, measures trends in asking prices, inquiries and search activity. All three are up compared to the same time last year.
Asking prices have climbed 2%, or £4, 617 – since November 2011, while search activity is up 20% and inquiries are up 11% over the same period. There’s more good news from the Bank of England, too; just a few days earlier, the Bank published figures showing that mortgage approvals had climbed……………………………………….Full Article: Source

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