The window of opportunity for property investors to snap up bargains in the UK residential real estate market has passed, it is claimed.* * The
average price of property has risen five times this year, giving a clear sign that prices will be stable for the rest of 2009, according to property website
Rightmove.
The group’s July figures show that the average price rose 0.6% to £227,864 after falling 0.4% in June. Asking prices have now risen by 6.7% since the beginning of 2009, the group says, adding*there has been*a 20% increase in sellers coming to market compared to the previous year-to-date average.
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Time to buy bargain properties in UK passed as prices rise for fifth month, latest figures show
