Housing prices in the UK rose to a maximum value over the past 10 years, reports ee24.com referring to bloomberg.com.
The Royal Institute of Chartered Surveyors (RICS) reports that the price index for UK property was 54 points in September 2013, compared with 41 points in August, higher than a record number of June 2003. The index of price expectations is 48 points - the highest level since May 2002.
Recent evidence of growing real estate market in the UK comes against the background of the beginning of the second phase of the national program for the acquisition of property. Although measures to assist potential buyers have raised concerns in inflating the housing bubble, Bank of England notes that the activity in the market is not so great.
"I am pleased with the fact that market is beginning to recover in all parts of the country," said Peter Bolton King, chief of research at the real estate in the RICS. "It is a serious concern about the gap between the not very large number of proposed housing and the growing demand for it. This imbalance is likely to push prices even higher."