This entry was posted on Monday, September 3rd, 2007 at 6:09 am and is filed under Property news. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
UK Property Market
independent property advice
Home prices went up by 1.1% in June
According to the Nationwide house price index, the average price for a home reached £184,070 in June, a significant rise from £181,584 in the previous month. Although the survey shows house prices went up by 11.1 per cent from June last year, it still stands behind the already predicted slowdown during the following six months.
In June, the inflation was stronger than specialists expected, as this was the month with the fastest increase of 2007. However, the annual inflation rate is expected to go down by five to eight per cent by the end of the year. At the same time, estate agents are starting to record a drop in the number of new buyers showing interest, while house builders have less and less site visitors.
This post was written by Abbigail Bliss, she regularly contributes to Pet Gazette . Abbigail is fast becoming an authority on oak masters.
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