Price of new homes buck the trend in the present economic climate

Despite the present economic climate the average price of a new home has increased consecutively over the past three months, according to the SmartNew Homes New Homes Index, details of which originally appeared on SmartNewHomes.com 

According to the New Home Index, the average price of a new home is now £3,644 more than the same time last year,  illustrating the increasing stability in the new homes market. The East Midlands region in particular had an annual growth in prices of 2.3%, which is encouraging in a time when many regions actually had a fall in average prices over the same period.

This really is encouraging news for purchasers looking to buy a new home in Lincolnshire. If you also include the many other advantages to buying a new property rather than an older one, such as improved energy efficiency; peace of mind with the 10 Year NHBC warranty; better insulation; smoke alarms fitted as standard; a blank canvas in every room; no upward property chain, then there really is no contest!