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London has long been held to be a marker for the housing market across the whole of the United Kingdom. Ask any estate agent across the land how the housing market is going to change in the next six months, and they will always tell you to look to London. It is a belief traditionally held that whatever the market is like in London presently, is what it will be like in the rest of the country in six months time. This has been shown to be relatively true for a number of years, so keeping an eye on house prices london is always a good idea. If you look at the market in London at present, you can see that it appears to be recovering from a marginally poor year. Over the space of the last twelve months, we have seen a drop both in the number of house sales and in the level of prices, but the month on month statistics also show us that house prices have started to creep up again, albeit at a very slow rate. This is actually very good news for both buyers and sellers. Of course, sellers will be buoyed by the fact that prices have started to creep up, but buyers can console themselves with the fact that a rising market means that any purchases made in the near future should continue to rise. So, the housing market looks to be relatively healthy at the moment, which is of course a great thing for the economy as a whole. It points to the possibility that perhaps the move out of a recession is something that is going to continue.

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