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UK: Signs of property market improvement as house prices see biggest quarterly rise in 2 years

Posted on 08 March 2013

House prices rose by 0.5 per cent in February, which means they are up by 1.9 per cent in the last three months compared to the same period 12 months ago - their biggest year-on-year growth since September 2010, Halifax reported.
The average house price moved up to £163,600, though that remains 3 per cent below the last peak of £168,593 in April 2010 - and 18 per cent below the all-time high on the Halifax measure of £199,612 in August 2007. The lender also said it expects to see a national increase in prices over the course of 2013………………………………………..Full Article: Source

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