Rising property prices still fragile in the United Kingdom

Still tentative upturn for the British housing market. In October, prices of existing homes rose 1.2%, according to the Halifax bank. This is the fourth consecutive month of increase recorded also handle

In recent months the British stone is supported by a double phenomenon: seduced by the attractive interest rates, buyers rushed back into the agencies, and that while the supply of goods sold is maintained at exceptionally low.

However, relapse prices can not be excluded. "Improving market conditions could indeed induce a number of owners to furnish their homes for sale in the coming months," said Martin Ellis economist at Halifax. This increase in supply, so naturally weigh on prices. Add to that the expected increase in unemployment and exit from crisis will be only delayed