After a miserable start to the year with
what must have been one of the worst
winters for many years, house prices and sales
recorded started to recover in March and April
according to the Land Registry. Nationwide's
house price index then suggested house price
increases in May but stability was very much
the order of the day in Calderdale as our direct
London rail link from Halifax and Brighouse
began thanks to Grand Central. Throughout the
spring and the summer the property market
suffered many distractions such as budgets,
general election and of course the World Cup.
But the resilience of the money markets and
the feel good factor in the local property
market showed a good record of sales
throughout the summer until of course the
dreaded 'cuts' of October from our new
coalition Government. Some would say they
were inevitable, some would say too harsh but
I think we would all agree that something had
to happen, but where does this leave us for the
future..... ?
