UK House Prices rise at fastest rate in 11 years!

News agency Reuters have reported that British house prices rose at their fastest rate in 11 years in September 2013 and sales hit a four-year high pointing to a sustained recovery in the property market. The seasonally adjusted house price balance by the Royal Institution of Chartered Surveyors jumped to +54, its highest level since mid-2002 and well above the reading of +45 predicted by analysts polled by Reuters. The August figure was revised up to +41 from +40.

Prices rose in all regions except the north-east of England, and respondents now expect prices to grow by 2.6 percent in the next 12 months. Certainly a trend that Belvoir! Sheffield have noticed in Sheffield throughout September 2013 as more and more Sheffield House Buyers are increasingly active looking for houses and flats to buy across Sheffield.

Belvoir! Sheffield is the one stop specialist for Sales and Residential Lettings and Property Management, Investment and Wealth Management Advice, Fit-outs and Renovations, Property Insurances and Mortgages. Belvoir! Sheffield was the winner of the Belvoir Franchise of the Year Award for 2013 and is a multi award winning agency.

For more information, please visit www.belvoir.co.uk/sheffield or call 0114 25 25 215. Alternatively, please email sheffield@belvoirlettings.com

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RE: http://uk.reuters.com/article/2013/10/07/uk-house-prices-idUKBRE9960YL20131007