Property Market Intelligence Qtr 1 2014
A year ago we remained nervous about the UK housing market recovery but a welcome transformation took place, particularly in quarters 3 and 4 2013. There were over 1 million housing transactions last year, the first time since 2007. Nationwide data show overall UK house price growth of 8.4% during 2013.
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"... regions closer to London and those with identifiable economic connections to the capital have significantly outperformed counties in the Midlands and North of England."