Property prices continue to grow in April

The April Nationwide property index returned another mild shock with yet another monthly rise of one per cent. Back in February, a dip was followed by a one per cent rise in March, so despite all the doom mongering, the market keeps on outperforming all expectations.


Growth this year to April is in double figures for the first time since June 2007. This is no mean feat considering the lack of mortgage financing and shock to the economy and property market we’ve just had.

And it seems a stability of a sort is working itself out as more and more sellers commit to sales reversing the trend and producing a more buyer-friendly market.

The commentators insist price rises are out of kilter with economic fundamentals and we have learnt to expect the unexpected. But one result of the property boom is that the property fanaticism homeowners stoked ever higher has cooled to a calm certainty in property. An Englishman’s home has always been his castle, but we seem to believe it more, not less despite the shock of the property crash.

 http://firsttimebuyersupermarket.co.uk/