Liverpool like other northern cities of England consists of different kind of housing starting from luxury homes down to streets of unwanted terraces.

As is the trend in other parts of the country, the price of properties in the city centre in southern suburbs are rising for the last five years. This trend has been farther boosted by city's growing economy bringing in more jobs. The city has captured the status of Capital of Culture in 2008 which has also helped in the city's development.

The redevelopment of areas around city centre, water front and in the Speke Garston area in the south has caused increased demand of quality homes and apartments in Liverpool. This has led the prices of rising even above the national average.But, in the northern part of the city, there are many old buildings dating earlier than 1919. These buildings are generally shunned by people working here. Many of the people who were living here earlier are moving away as they are finding better jobs and would like to live in better housing accommodation. These people are having more money and they are moving to better quality houses elsewhere in the city. Therefore, lots of empty houses could be found in Northern Liverpool which people do not want to buy or move in.

In these worst affected areas, the Housing Market Renewal Initiative has been taken up, whereby these buildings would be replaced by new housing built by private parties.

Also in North Liverpool area, new or improved district shopping centres are being built. Also, efforts are being made create more jobs in these areas. All these efforts are being made so that people continue to live in their existing communities enjoying better facilities.

The aim is to make the city to have attractive, safe and sustainable neighbourhoods. The demand for housing would give the impetus to maintain the value of properties in the city and if possible, to increase them during economic growth of the city.

People are travelling more to Liverpool on business or as a tourist. There are different types of accommodation for these visitors are available from cheap hostel accommodation ideal for individuals and families for a short stay to luxury hotels.

Those who do not want live in bed and breakfast or self catering apartments sharing the room with others, there is another option of hiring serviced apartments. It would be slightly costlier than apartments, but they will be providing the comforts of a luxury hotel at a much cheaper rate. These may cost you ?100 per unit per night upwards to ?150 per unit per day.