House prices, more and more slow growth in the UK

Home track Ltd. showed in their recent study that prices of real estate Residential in United Kingdom have increased - during the month of April - a rhythm never so slow in the last three months. The “merit” of this scenario should be mainly attributed - as the company continues the statement - a sudden increase in the supply of real estate, which has so heavily influenced the market situation.

The average cost an apartment in Wales and England is in fact grew by only 0.2% in March, more stable situation - according to London-based researcher - to share £ 158,400 UK. On an annual basis, however, Rising costs of home ownership would amount to 1.8 percentage points.

As for the medium-term scenario, the determinants that are continuing to affect the UK housing market are the “usual” list: unemployment, lack of credit from local banks, cuts in public investment and infrastructure, prospects for increased taxes on real estate, post-election.

Meanwhile, a new research study Deutsche Bank estimated that in 2011 the prices of property for residential purposes could be a new fall - perhaps 5% compared to today - because of increases in interest rates by reference, according to the local division of the bank German , will start with greater insistence by the end of the year.