Regional development land: A market in recovery
CBRE Residential research has found that a significant rebound in house prices over the last year indicates that the housing market is now fully in recovery mode.
After several years of minimal growth, it is expected that UK house prices will increase by 12 per cent in 2014.
The housing market will remain strong over the next five years, underpinned by an improving economy and an underlying lack of supply.
Positive house price growth will continue across the UK from 2015 to 2019 at a more sustainable rate of 30 per cent with London, the South East and the South West predicted to record the highest regional increases.