Reports in the press suggest that the limited supply of suitable properties on the market is causing buyers to increase their offers in order to secure the purchase of the house they want.
But is this boost a 'dead cat bounce' or is growth set to stay?
I don't know, but if you're looking to sell and want to take advantage of this boost before it possibly reverts to a decline, I'd get my property on the market ASAP.
With the nation knowing that the massive funding of the banking crisis will have to be paid for, unemployment on the rise and the redundancy payments and savings of the unemployed drying up we're likely to be in for tougher times ahead.
Surely this growth will not last for long?
