Monday, December 27, 2010

United Kingdom House prices over the past two years, for the first time rising

Due to the decrease in the number of housing for sale pushed up the capital London and South-Eastern regions of the United Kingdom housing prices, prices in August there over the past two years for the first time.

Based in London, United Kingdom, real estate agency HOMETRACK31 said that in England and Wales average housing prices August 15.58 million pounds (1 pound approximately $ 1.6), up than the month of July, but still 0.1% over the same period last year low 6.7%. This is since July 2007 the first ring than rising, up drop is over the past year, the minimum value.

According to data released by HOMETRACK, greater London, East Anglia and the South East of England has a rise of house prices, subject to the other seven areas of house prices has not changed.

HOMETRACK publicized data is the United Kingdom is stepping out over the past 60 years, the most serious economic recession and a sign. But the United Kingdom, the Central Bank of the Bank of England Governor Mervyn King August · said, any recovery will be "slow".

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