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08/04/2010
House Prices Creep Up
UK house prices increased by 1.1% in March according to the latest figures published by the Halifax.
This was the eighth rise in the past nine months, taking the average price to 9.1% above the low point last April.
Martin Ellis, Housing Economist, said: "Prices in the first three months of 2010 were 0.6% higher than in the final quarter of 2009. This was smaller than the 3.6% rise between the third and fourth quarters of 2009, suggesting a slowdown in the trend rate of house price growth. The return of the lowest stamp duty threshold to £125,000 affected housing demand at the end of 2009 and in early 2010.
"There are signs that an increase in the number of properties available for sale is beginning to reduce the imbalance between supply and demand. This should help to contain the upward pressure on house prices."
Prices are 9.1% above their trough in April 2009, an increase in the average price of £14,031 over this period. This follows a decline of 23% between August 2007 and April 2009. The average house price is now £168,521.
(CD/BMcC)
This was the eighth rise in the past nine months, taking the average price to 9.1% above the low point last April.
Martin Ellis, Housing Economist, said: "Prices in the first three months of 2010 were 0.6% higher than in the final quarter of 2009. This was smaller than the 3.6% rise between the third and fourth quarters of 2009, suggesting a slowdown in the trend rate of house price growth. The return of the lowest stamp duty threshold to £125,000 affected housing demand at the end of 2009 and in early 2010.
"There are signs that an increase in the number of properties available for sale is beginning to reduce the imbalance between supply and demand. This should help to contain the upward pressure on house prices."
Prices are 9.1% above their trough in April 2009, an increase in the average price of £14,031 over this period. This follows a decline of 23% between August 2007 and April 2009. The average house price is now £168,521.
(CD/BMcC)
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Police have reported the number of suspected victims to contact them regarding a serial sex attacker has reached 102. In April 2009 John Worboys, a London taxi driver, was jailed after he was found guilty of 19 charges of drugging and sexually assaulting 12 women.
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Two teenagers have been sentenced after a loaded firearm was recovered in the Manchester suburbs. Sammy Geldard, 19, of Pattishall Close, Ancoats and Chanelle Merryweather, 17, pleaded guilty to possession of a firearm at Manchester Crown Court, Crown Square, at an earlier hearing.
29 February 2008
January House Prices Show Slight Increase
House prices in England and Wales increased by just 0.9% in January, according to the latest monthly figures from Land Registry. The increase takes the average house price to £186,045. However, the data shows a decline in annual house price changes, from 6.7% last month to 6.4% this month. London experienced annual price growth of 13.
January House Prices Show Slight Increase
House prices in England and Wales increased by just 0.9% in January, according to the latest monthly figures from Land Registry. The increase takes the average house price to £186,045. However, the data shows a decline in annual house price changes, from 6.7% last month to 6.4% this month. London experienced annual price growth of 13.
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Northern Ireland WeatherToday:A sunny but frosty start for many. However cloud increases by midday with a few showers reaching the north coast, these mostly light but spreading inland this afternoon. Chilly. Maximum temperature 8 °C.Tonight:A rather cloudy evening with scattered showers. Becoming drier through the night with some good clear spells developing and a patchy frost away from coasts. Minimum temperature 0 °C.
