'Third of homeowners expect UK house prices to rise in next six months' » Housing » 24dash.com

'Third of homeowners expect UK house prices to rise in next six months' » Housing » 24dash.com

Three out of five (59%) homeowners in the UK expect house prices to rise over the next six months, according to the latest Zoopla.co.uk Housing Market Sentiment Survey.

Confidence in the market outlook has strengthened from its record low at the end of last year when only 54% of homeowners expected prices to rise, but remains some way below the levels seen one year ago when four out of five (81%) expected prices to climb.

Homeowners are also more optimistic about the amount by which they expect house prices to rise in the coming months. According to 7,984 homeowners surveyed by Zoopla.co.uk, house prices are expected to rise by an average of 2.8% over the next six months, noticeably up from the 1.9% predicted three months ago. The number of respondents who expect values to drop over the next 6 months has fallen to 1 in 4 (25%), down from 1 in 3 (33%) in December.