Bunker fuel demand in Asia was likely to be mixed going into the near term despite a drop in flat prices
, trade sources quoted as saying on Wednesday.
After five years of falling or flat prices
, headline inflation turned positive in mid-2016 and had risen to 1.0 percent in May 2018.
in London have surged by 54% over the past five years, contributing significantly to the national increase, Halifax said.
If London were taken out of the figures, flat prices
would have increased by 44% since 2013 while terraced homes would have also seen a 44% increase - putting them in joint first place for the strongest growth out of the property types looked at.
The rise in residential property prices was spearheaded by Limassol where house and flat prices
rose 4.1 per cent and 5.5 per cent respectively.
The trend of decreasing flat prices
in Skopje continues.
OPEC committed to implement credible production cuts and reduce global crude stocks while hedge funds responded by establishing bullish long positions in both flat prices
and calendar spreads.
Second steppers in Colchester, York, Nottingham and Bournemouth may also face a particularly tough challenge to trade up, as house prices have increased particularly sharply in comparison with flat prices
in these areas, the research found.
Inflation is low and economists project several more years of flat prices
. Prices are down for almost all construction products with the exception of lumber.
Halifax, part of the British government backed lender Lloyds Banking Group (LSE:LLOY), on Friday reported that flat prices
have increased by GBP1,000 a month since the financial crash.
With flat prices
seeing strong increases, many firsttime buyers are turning their attention to other types of property.