Author Topic: New house price figures due Tuesday  (Read 3643 times)

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New house price figures due Tuesday
« on: June 12, 2011, 01:18:07 pm »
The latest figures from the Department for Communities and Local Government are released on Tuesday.
These figures will cover April transactions and refer to the actual prices paid on sale completions.

In March, the figures showed  house prices in England rose 1.3% but fell 2.5% in Wales and 0.7% in Scotland.

Recent figures from Halifax and Nationwide would suggest the market is subdued.


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Re: New house price figures due Tuesday
« Reply #1 on: June 15, 2011, 09:14:48 am »
The government figures released yesterday show UK house prices fell 1.1% in April and are down 0.3% overall on a year ago.
Potential buyers being put off by the economic uncertainty and mortgage "rationing" by lenders.
The CML are also saying that they believe mortgage lending is unlikley to rise this year.
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Re: New house price figures due Tuesday
« Reply #2 on: June 16, 2011, 08:51:32 am »
It is not surprising that house prices are going down.