The latest edition of Business Weekly reported on newly released research from Bidwells recording prices in East Anglia rising above earlier predictions.  The growth of the housing market seen in Q1 of 2013 has continued to gain momentum over Quarters 3 and 4 with prices in the eastern region up by 4.2 per cent.

At the start of the year Bidwells forecast a growth in prices of 3-5 per cent for 2013 – now it is expected the growth in the Bidwells House Price Index will register 5-6 per cent by the end of the year.

Boosted by the Governments’ intervention with the ‘Help to Buy’ scheme, much of this growth has been led by the new homes sector.  In 2014 Bidwells are predicting more upward pressure on prices with the expectation of a further 5-6 per cent growth but also state that pent up demand in the market following four years of low transactions and the increase in property coming on to the market will make for a more balanced year.  We will just have to wait and see.  To read more click here