Friday, Feb 09, 2007

FT index agrees market is cooling

FT.com: FT data confirm cooling of housing market

London house price rises still lead the rest of England and Wales on both monthly and annual comparisons, but the gap between the capital’s housing market and elsewhere has narrowed.

In December, prices in London were 9.4 per cent higher than a year earlier with the house prices in the East and West Midlands showing the smallest gains of 4.2 per cent. But London’s rate of house price inflation fell sharply in December as the monthly growth of 0.9 per cent could not match the 3 per cent growth recorded in December 2005.

Posted by dohousescrashinthewoods @ 09:58 AM (124 views) Add Comment

1 Comment

1. David20040_0 said...

But they are still going up by over £1,000 a month.

Friday, February 9, 2007 11:41AM Report Comment
 

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