Housing market sees higher growth

January 7th, 2006

House prices increased by 0.5% in December according to the Nationwide, showing signs of an improving housing market.

In November house prices increased by 0.3% and were up by 3% for the whole of 2005. However the figures were much lower than the 12% increase in 2004.

Most analysts predict a stable housing market for 2006, with the Nationwide predicting a 3% increase.

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Entry Filed under: Mortgages, The Economy, Finance Info