Coutts sees signs of prime property recovery

Posted by On August 07, 2019 0 Comment
The bank’s second quarter index is 3.1% up on the year after the second consecutive rise. Supply constraints are seen as the main driver, and we’d add a “floor” due to weak sterling, with activity rising 21.4%, quarter-to-quarter. There’s even been talk of gazumping. Taking a longer term view, prices are still lower than in 2014.