Prime country house prices rise for eighth consecutive quarter
01-17-2015
By Sean Martin
Prime country house prices grew for the eighth consecutive quarter, despite losing some momentum, according to official data.
Figures from real estate firm Knight Frank reveal prime country house prices rose by 0.2% in the final quarter of the year, and by 0.5% in the final six months of 2015.
Overall, it means that prime country house prices rose by 3.4% overall in 2014.
However, the brakes were applied to growth in the second half as it is just a small fraction on the 3% growth that was experienced in the first six months of the year.
The growth in the 12 weeks from October to December makes it the eight consecutive quarter of growth, meaning it is the longest period of growth since 2007.
