Housing in Britain has become the most expensive in the last three years

17.05.2011 00:07
Articles about real estate | Housing in Britain has become the most expensive in the last three years The average asking price for houses and apartments in the UK in May amounted to 239 thousand pounds (? 274 thousand). The last time such a fixed cost of housing analysts in June 2008.

According to the portal for real estate Rightmove, compared with the previous month, prices rose by 1,7%. The number of new revenue declined from 29 thousand to 20 thousand a week, reports RTT News.

Related article: Experts advise investors in real estate look at the small towns of Germany

According to Rightmove director Miles Shipsayda, rising real estate prices due to unprecedented low interest rates on loans (0.5%), established by the Bank of England. Now dwelling in the country stands at only 1.5% less than peak performance.

Meanwhile, analysts of the National Society of Great Britain builders have a different opinion about the prices of houses and apartments. According to them, in May of real estate in the country fell by 0.2%.

Specialists Halifax also recorded the decline in home prices - at 1.4% compared with April 2011.

Content tags: Overseas property Housing
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