I talk to a lot of local estate agents in Camberley, Blackwater, Farnborough, Aldershot, you know all the local big towns, on a fairly regular basis.

One thing they all tell me is that house prices are up. Not to the levels they were 2 or 2.5 years ago, but thing are beginning to look up despite there not being enough houses on the market actually for sale.

This has been confirmed by the latest RightMove press release stating 3.2% rise in house prices nationally.

I thought I would print the article here:

—————–

Monthly rise of 3.2% has not been beaten since April 2007, reveals the latest Rightmove House Price Index

The stock-starved housing market saw a welcome increase continue

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Just picked this little gem up from the press wires.

Things continue to improve, especially with the Bank Of England holding rates at 0.5%

House prices are up

• House prices rose by 1.2% in January and are up 8.6% year-on-year
  
• Recent economic data has been a mixed bag for the housing market
  
• Inflation uncertainties highlight interest rate risk

Please click here for the Nationwide house price calculator.

*seasonally adjusted

Commenting on the figures Martin Gahbauer, Nationwide’s Chief Economist said:

”House prices strengthened their upward momentum continue

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