Friday, according to research by the Central Bureau of Statistics (CBS) and the Land Registry. It’s for the eleventh consecutive month that house prices rise compared to the same month a year earlier.
The average price of last month now matches that of June 2003. The housing market peaked in June 2013 the time low, since there is slight improvement.
Compared with the lowest average price in 2013, 3.9 percent are owner occupied in February become more valuable, but the difference with the peak of the market in August 2008, 18.4 percent still great.
Prices existing homes
Number of apartments
Earlier this week it was announced by the Land Registry that the number of houses sold rose in February. Last month, there were 11,697 homes were sold, an increase of 16.6 percent compared to the same month a year earlier.
Despite the upward trend is also pre-crisis level has not yet reached. In February 2008, during the peak of the housing market, more than 15,000 homes were sold.
‘time from home as profitable investment is over’
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