| Confidence that U.K. home prices will rise climbed to the highest level since July 2010 after the Bank of England signaled that borrowing costs won’t increase soon, a gauge of sentiment showed.
The index of price expectations rose to 53.6 from 48.5 in August, according to a report by Markit Economics. A reading of more than 50 indicates respondents predict prices will increase in the next 12 months, according to the survey, which was published today by real-estate broker Knight Frank LLP..............................................Full Article: Source
|