Zoopla.co.uk has recently published the results of a survey it has commissioned, which indicates that more than 75 per cent of homeowners believe house prices will increase in the next 6 months, while only 11 per cent are pessimistic about an increase over the same period.
Scots seem to be most confident about house prices (with 83 per cent) where are Northen Irish are the least confident (with only 31 per cent).
But, the Zoopla survey points out that nearly half of renters (42 per cent) think the house prices in their area will remain either unchanged or in a decline over the next 6 months.
On the positive side, despite all the uncertainties and the limited range of products within the mortgage market, more than half of the renters are planning to but a property in the upcoming six months.
Our Appleton Estate Agents Maidenhead director Adil Akkus, commented: “There is a refreshing sense of optimism in the property sector again and we are expecting the market to return to its levels before the credit crunch over the next year.”
Also, the Royal Institution of Chartered Surveyors (RICS) has also published some figures this week, which shows the steepest rise in the house prices since the the credit crunch began. RICS points to a lack of properties up for sale fuelling as the main reason for this.