UK property back on the up and predicted to keep rising
Property prices are still rising in the UK according to the latest indices to be published and are predicted to keep doing so.
They will rise by at least 5% during 2010 according to the centre for economics and business research (cebr) as a combination of low mortgage rates and a shortage of new homes being built would push up house prices.
Analysts said they expect lower price growth of 3.4% during 2011 followed by a strong rise of 9% in 2012.