A new survey has found that British homeowners are now more confident of a rise in house prices over the coming six months.
Two in three people (67%) in the latest Zoopla.co.uk Housing Market Sentiment Survey think they will increase before the autumn and that is the highest percentage since the first half of 2010.
The forecasts take into account changes in the value of all kinds of properties from the lower end of the market to
retirement properties and Nicholas Leeming of Zoopla.co.uk says the confidence is good news for the market.
"The property market has been in need of some positive news of late as many indicators have pointed toward stagnant prices. These results show that homeowners now feel a lot more positive than at the end of last year," he said.
Indeed, homeowners in the first quarter of 2012 have predicted that prices in their local area will rise by 3.9% on average, which is a substantial increase from the 2.2% that was predicted at the end of last year when only 55% of those