The level of optimism in the property market in the UK is growing

Homeowners across the UK believe that the value of their homes or apartments rose in December. Especially sure property owners in London. And the residents of the North-East of England believe that the value of their property has not changed.

“The Sentiment index of real estate Prices” House Price Sentiment Index (HPSI) published companies Knight Frank and Markit Economics.

About 11.1% of the respondents in the research process, people have stated that they intend to buy a property in the UK over the next 2 years. However, this is much less than the 12.8% a year earlier.

In General, the December sentiment index showing the proportion of people who believe that property prices will rise in the coming years, was 58.7. This is the highest figure for the last year, but below their peaks of last year’s may, when it reached the value of 63.2.

The highest confidence in London is 77.9, in the South-East of 76,7 and in the East of England is 74.5.

The supply of new property in England will remain the main factor influencing pricing in 2016. Improved the ability of people to obtain mortgage loans and interest rates, however, the lack of new items for sale will create the phenomenon of competition in the market and push prices up.

However, in the real estate market in the UK will still be a tendency of the overflow of capital from Central London, where prices have soared to dizzying heights, outside Central London, as well as in other regions, where prices in recent years has grown slightly.

® Helen Entree. G. 20.12.2015

Price indices for UK property

Index Halifax

Index Hometrac

The Index Of The Land Registry

Index LSL Property Services Acadametrics

Index Nationwide

Index Office for National Statistics

Index Rightmove

Index index