A release this morning showed that house prices in England and Wales rose at their fastest pace in three years in November, but there are signs that activity may be levelling off as new instructions to sell hit a 2 year high, leveling out the imbalance of demand out weighing supply.
There are concerns that the housing market may suffer a relapse next year if the economy fails to pick up strength and unemployment continues to rise.
The announcement has given Sterling a boost this morning though with the Pound gaining strength over a whole basket of major currencies. During the run up to Christmas where traditionally trading volumes decrease significantly these windows of opportunity are not to be sniffed at, by making sure you have an trading facility open with a currency broker you are in a position to be able to secure currency rates for now and in the future over the phone. FCD offer free no-obligation accounts, why not find out more about why we are one if the UK's leading independent foreign exchange brokerages by clicking on www.currencies.co.uk
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