I was cheered to read the news yesterday. The Nationwide Building Society said that property prices increased by .9 cent compared with the previous month – the first monthly rise since October 2007.
Not such good news for London though as it reports that property prices in the capital have fallen by almost a fifth since this time last year and have dropped in value by more than 5% since January.
I postponed the production of my book (for the property market) so that is published in June this year. I am feeling a little more optimistic that my forecasts for the market recovery were not over confident.