Back to Manchester.com

Deprecated: Function eregi() is deprecated in /raid/www/htdocs/vm4.live/property/inc/2propheader.inc.php on line 16

Deprecated: Function eregi() is deprecated in /raid/www/htdocs/vm4.live/property/inc/2propheader.inc.php on line 18
Buying, selling, renting or letting in Manchester.Thornley Groves.
Residential
Commercial
Services
Register
News
Features
Area Guides
Related Links

 
 
 

North-west house prices see "sharp" rise

12/04/2007



House price growth in the north-west during March "picked up sharply", a new study has revealed.

According to the Royal Institution of Chartered Surveyors (Rics), 52 per cent of chartered surveyors reported a rise than a fall in north-west house prices, compared with five per cent who said there had been a fall in the last three months.

Although new buyer enquiries fell for the thirds month in a row, the pace of decline slowed in March. However, new instructions to sell increased at the fastest pace since November 2004.

Rics spokesman Jeremy Leaf said: "The housing market has absorbed the initial interest rate barrage, but history tells us that further rate rises could knock confidence and activity significantly later in the year."

Across the UK as a whole, house prices rose for the seventeenth consecutive month, with the pace of increase picking up for the first time in five months.

According to the Land Registry, the average house price in the north-west is £133,611, falling to £123,761 in Greater Manchester.

Click here for more information about Manchester property.


logo
© Adfero Ltd

Bookmark with:
Bookmark with delicious Delicious   Bookmark with Digg Digg   Bookmark with Reddit Reddit   Bookmark with Facebook Facebook   Bookmark with StumbleUpon StumbleUpon     (What are these?)


Social bookmark links
The social bookmark links enable you to share content you find on our site with other users who may find it of interest. If you have an account with any of these sites, just click the link to instantly share this feature with other users or alternatively you can sign up for any of them in a matter of minutes for free. For more on social bookmarking you can read the Wikipedia article.

THINKING OF INVESTING IN PROPERTY IN MANCHESTER?

Residential Property In Manchester

Click here to register for ALL residential property for sale in Manchester.
or click here to register for ALL residential property to let or rent in Manchester.

Manchester Commercial Properties

Click here to register for ALL commercial property for sale in Manchester.
or click here to register for ALL commercial property to let, rent or lease in Manchester.