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House Prices Remain Unchanged in May

June 27th, 2008 by THE ARTICLES SHOWN ARE FOR INFORMATION ONLY AND DO NOT CONSTITUTE ADVICE OR RECOMMENDATION

House prices in England and Wales have remained unchanged in May and up 1.8% in the last 12 months, the Land Registry announced.

But it said that sales volumes during March were down 50% to the  March 2007 figures, at 53,080.

The figures, which are based on completed property sales, are at odds with a sharp fall in house prices reported by the UK’s major mortgage lenders.

The Registry said annual house growth fell for the ninth month running. The average cost of a home was £183,266

Posted in Mortgage news |

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