Confidence in the housing market is now back at levels last seen in early 2004, according to property search website, propertyfinder.com.
The website claims 70.5% of respondents to its latest survey said they believed the housing market will rise over the next twelve months, up from 62% in January. And on average, propertyfinder.com’s survey shows house hunters expect prices to rise by 4% over the course of the year. This contrasts to the November 2004 low when 67% expected prices to fall by around 8% on average. The survey also reveals that from July to November of last year sellers reported heir homes had been on the market for an average of 12 weeks. By January of this year sellers reported an average of 8 weeks and 8.7...
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