US property market revives
After six years of plummeting prices the US property market is showing signs of recovery and experts are hoping this augers well for own.
House prices in the US rose by nearly ten percent over the past year, while the number of homes sold increased by nearly eight per cent and houses have been selling more quickly too, according to the National Association of Realtors.
Rural house prices have outperformed those in cities and towns since 2007, according to latest research from the Halifax.
With an average price of £201,191, properties in rural areas like those depicted in ITV's Emmerdale are now worth 17 per cent more than their Eastenders urban equivalent (£171,709).
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London's top-end homes by value rose in price during September at their fastest rate in three months, says estate agent Knight Frank.
According to its Prime Central London Index the price of the capital's most expensive properties has risen by an average of 0.7 per cent since August.
The hottest areas were, it says, Knightbridge, Hyde Park and Marylebone.