House prices rise again as supply issue continues!!

House Prices | Property Buyers Group

Activity is on an upward trend with housing transactions in 2013 exceeding one million for the first time since 2007. The number of mortgage approvals for house purchases – a leading indicator of completed house sales – was 9 per cent higher in the three months to December than in the previous quarter and 30 per cent higher than in the same three months of 2012. Compared to December of last year, January saw house prices increase by 1.1 per cent, following a slight monthly fall of 0.5 per cent in December. Check out the link below about house prices.