Britain's residential facilities and homeowners showed a positive and optimistic outlook after residential real estate prices rose this month (August 2015) at a rate that exceeded all expectations since 2009.

British real estate observers and specialists attributed the rise in prices to the lack of supply of houses and units. Observers and real estate specialists attributed the rise in prices to the lack of supply of homes and housing units, and the UK House Price Index showed that British house prices are moving upwards.

Tim Moore said. <Tim Moore, Markit's chief economist, said: “Britain's house price estimates have grown significantly from February's one-and-a-half year low, and although the index value is still below the largest loss recovery value recorded in May, the August survey results suggest that expectations of rising property values are now more plausible than at any point in time in the five years to 2014. The rise breaks with the usual seasonal slowdown in the summer months and comes despite reports of an expected interest rate hike by the Bank of England, Britain's central bank.

The sharpness of the rise in estimates of current house prices, particularly in the south of Britain, suggests a severe shortage of housing supply.

August's survey results indicate that the outlook for property values is now more favorable than at any time in the five years to 2014.