In an earlier post (House Price April Fool) I was saying that the property market runs on confidence and credit, both of which go hand in hand.
The latest Halifax Housing Market Confidence Tracker shows respondents are more optimistic about property prices since the tracker began back in April 2011.
More than 4 in 10 predict house prices will increase over the next year whilst only 1 in 8 think house prices will fall.
Only time will tell if they are right but, because the market is made up of the views of individual who comprise the market, if enough people think it, it could become self-fulfilling.
So if you are thinking of getting into buy to let property investing, or thinking of expanding you
Here’s to successful property investing.
Peter Jones
r buy to let activities, now might be the best time you will have.