“Second hand home values soar” Not all is shamrocks on the Emerald Isle – see below – but I do love the term “second hand home”. Greenwich home owners would shriek in horror if we told them that’s what they were selling.
Keith Lowe, chief executive, said any price increase should be put in context against the previous six years of decline.
“House price increases are also not consistently spread throughout the market, reflecting demand preferences but it is encouraging to see three straight quarters of house price increases,” he said.
“Properties are still down almost 63% on the peak they achieved in 2006.