Tuesday 1 March 2011

Does anyone care that house prices increased 0.3% in February?


More pointless information in today from the Nationwide stating that prices increased 0.3% in February according to their National House Price Index. On an average £160,000 property that's £480.00!

It will be no news to you that house prices are just not that sensitive for this to be meaningful! Most Besley Hill branches are saying that if a property is marketed correctly many sellers can achieve premiums due to the shortage of homes available.

For sensible advice on the current housing market and to take advantage of our FREE VALUATION call any local Besley Hill branch & you could be moving sooner than you think.

My final rant on this point - come on all you major industry stakeholders and commentators - make these indexes more meaningful report ever 3 months - you know it makes sense!

Adam Offer - Besley Hill Estate Agents

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