Property market 'moving ahead'

Conditions within the UK housing market are steadily improving, according to property experts.

Smiths Gore has suggested that there are still good opportunities for people looking to buy new homes.

This is in part due to the relatively poor state of the housing sector, with the property consultants explaining that a weak market offers better value for money for shrewd investors.

Robert Pritchard, director at the company, said that people should not go overboard in their beliefs that the economy is recovering as "it is still not easy out there as everybody knows".

He added: "Most agents now are reporting that the market is actually moving ahead, albeit from a weak base, but things are improving and agents are beginning to see better times again."

The most recent Land Registry Index figures agreed with this, showing a 1.7 per cent rise in the average home value to £155,885 for July.

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