A local property firm has dismissed fears of a housing market bubble after research showed that prices in Yorkshire rose by only 0.2 per cent in November.
The report from property analyst Hometrack also revealed that UK house prices increased by 0.5 per cent.
Patrick McCutcheon, head of residential at West Yorkshire agency Dacre, Son & Hartley, said: “The Hometrack statistics show that house price growth outside of London remains more muted which is good news for the Yorkshire market. We want a steady and sustainable market recovery and all the signs are pointing in the right direction.
“An increase in mortgage availability has no doubt helped fuel demand and we have experienced a marked increase in buyers registering with us across all 20 of our offices over the last six months.”
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