House prices rose 1.9% in January

Yes, I know, it seems odd, but the latest survey from Halifax highlights that the average price of UK homes rose by 1.9% in January compared to December’s figures.

Whilst I very keen to inject some optimism into the housing market against all the doom and gloom we need to be aware that this is just one survey and just one set of figures.

For example, last week, a survey by Nationwide suggested house prices fell by 1.3% in January, with the reason being that job worries were putting people off buying homes.

One set of figures on its own can never be enough to say the tide is turning. However, it is great that at last there is some good news available.

#comments

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