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UK: Spring bounce for the housing market

Posted on 17 April 2013

The housing market looks primed for a spring bounce as first-time buyers return in force and increasingly confident sellers start hiking prices. The average UK asking price has just hit £244,706, up £15,717 since the start of the year, according to new figures from Rightmove, with the biggest rises outside London.
First-time buyers are streaming back into the market, with an extra 3 per cent in February alone, the best start to a year since 2008 according to the Council of Mortgage Lenders. Numbers are up 17 per cent on 12 months ago……………………………………Full Article: Source


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