Land for Sale in the UK

Land prices going up and up
　
Although the general perception is of doom and gloom when it comes to the housing market, to many people 2009 was quite a surprise. House prices started to steadily rise in the spring and have increased steadily month on month from there.

HM Revenue & Customs posted increases in sales from 41,000 in January to 90,000 in October. The Nationwide building society show a house price increase from the beginning to the end of 2009 of around 6%. Which surprised many of their economists. This change in direction was quite fast and surprising after an 18 month slump that saw the value drop by 20% in the average home. Many experts believe the value could have fallen even further but some of the government policies have been successful and that coupled with low interest rates have helped stimulate growth from the economy. Land is a commodity has generally does not decrease in value, as shown in the news property can de-value as can shares. Land values have increased faster than house prices in recent times and most experts will tell you that land prices will continue to increase as more and more land is taken and there is less available for development and sales.