Double boost for property and economy
New figures show a double boost for the economy and the property market.
The International Monetary Fund (IMF) has placed Britain in the fast lane with economic growth forecast at 3.2 % this year and 2.7 % next year. That’s faster than any other developed nation.
It augers well for the future as we move forward to put the worst recession in living memory behind us.
Also, annual house price figures from the Halifax show an increase of 9.6 % in the year to the end of September.
The bank says that prices will moderate and the supply and demand of homes become better balanced this year and next year, having peaked at 10 %.
It shows that the market remains strong and stable – and comes after recent Land Registry figures.
The Land Registry said that the monthly increase for June compared with May was 0.6% in the South East, while the annual increase on 2013 was 7.8%.
We’ve seen demand continue to rise for our services this year, particularly for surveys, and we also launched our own Land and New Homes department earlier this year.
Such success is a great way to celebrate our 25th anniversary this year.
Our expert and friendly team are always on hand with advice about surveys or architecture, design, project management and related property services for homebuyers, homeowners, business, landowners and developers.
Call us on 02392 697193 or email [email protected] for a informal conversation or visit the services section of our website.
You can also follow us on Twitter @McAndrewMartin, like us on Facebook and follow us on LinkedIn.
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New figures show a double boost for the economy and the property market. The International Monetary Fund (IMF) has placed…