House prices have risen by 0.6% in April, the latest survey from Hometrack claims.
The increase is the highest monthly rise for almost 2 years driven by values rising across 36% of the country, it says, although typically London and the South East have seen the most growth. House prices remained unchanged across 60% of the country over April and there are some early signs that levels of market activity may start slow in the run up to the summer. The national average house price now stands at £163,500, says Hometrack. Richard Donnell, director of research, says the results show a clear and ongoing north-south divide in the performance of the housing market. “London co...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes