UK House prices increase!

According to mortgage giant Halifax house prices in the UK rose by 1.9% in January.

This news, which took many pundits and indutry comentators by surprise, is pleasant news indeed for the real estate industry and could also be a welcome harbinger of economic recovery.

The average price of a home in the UK is now reported to be 163,966 which represents an increase of more than 4,000 since the end of December.

Good news indeed, even more so given the tendency of the previous months. As we know, at Compass Amazing Resorts, the UK economy is the driver for the overseas property industry.