The Halifax agency published data that the home price increased to a three-year maximum in April and will continue to raise them in the current year and the situation in the market will improve in Great Britain.
Prices rose by 1.1% in a monthly equivalent and reached level of 166,6 thousand pounds sterling. In annual terms prices have increased by 3.6%.
The economist Halifax, Martin Ellis, noted that real estate prices will continue to rise until the increase in household incomes and the economy in is whole won't be slowed down.
As predicted by the National Institute of Economic and Social Research, the growth of the British economy this year will be slower than earlier expected, therefore stagnation may continue. Experts expect that the economy will grow only 0.7% vs. 1.1% previously expected.
The pound sterling fell slightly against the U.S. dollar - experts of faculty online learning Trading System Masterforex-V note the next resistance are located in the field of a maximum 1.5606 and at Fibonacci's levels 1.5631, 1.5703, 1.5762/68. A break of support - minimum 1.5447 -will open a way to important support - sloping channel MF and MF pivot 1.5196.
