Monday, May 15, 2006

Rightmove increases 2006 forecast

Guardian: Rate of house price inflation doubles in one month

House prices have risen by 2% in the past month as the property revival gains momentum, according to a survey published today. It helped push annual house price growth up to 5.9% for the year to May 6, up from 4.1% the previous month. The average house price is now £209,829. Rightmove said that as a result of the strong growth seen during the past few months, it was increasing its house price forecast for 2006 from 5% to 8%.

Posted by jason @ 06:45 AM (258 views) Add Comment

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