Strong finish to an uncertain year for house prices
January 17, 2017
LSL Property Services/Acadata released their House Price Index (HPI) DECEMBER 2016 for England and Wales yesterday 16th January headlined ‘England and Wales house prices finish on a high’
Growth of 0.4% pushed the average price of a house in England and Wales up £1,139 to finish the year at £297,678.
Oliver Blake, Managing Director of Your Move and Reeds Rains estate agents, part of LSL Property Services plc says, “It’s been a strong finish to an uncertain year. Despite the doubts over Brexit, prices have continued to grow, powered by good-value commuter properties.
“As the lower transaction figures since April show, the market faces challenges ahead, but it enters 2017 a lot stronger than many would have expected”.
Read the LSL Property Services/Acadata HPI December 2016 in full click here
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