http://www.emoneyfacts.co.uk/news/breakingnews.aspx?newsarticleid=189511
if your thinking of buying property then nows the time to get in quick.
That was dated September 2009 and it was a load of rubbish. The increase never happened. There is a very slight up turn in the market since New Year, but most houses are selling for their surveyed value as given in its HIP report. But it's just a quicker turnover rather than an increase in prices. Thta is instead of taking 6 months to sell properties are taking int eh region of a month. More popular areas will go quicker than that. The same thing happened in 1986, when we were selling a property in Aberdeen - 6 months to sell, a slight drop in price, but there were a lot od repossessed properties around so we finished being in pocket overall.