Monday, Apr 16, 2007
More coverage of the Gov stats
viewlondon.co.uk: House prices fell in February
House prices across the UK fell by 0.1 per cent in February, according to government figures.
Statistics from the Department for Communities and Local Government (DCLG) show that the average UK house price fell from £205,399 in January to £205,102 a month later.
Despite the slip the year-on-year rate of property value growth accelerated to 12.1 per cent, up from 10.9 per cent in January, however.
The DCLG said that price falls for bungalows, terraced housing and detached houses all contributed to the February slip, while the regions with the slowest growth rates were the Midlands, the north-west and Yorkshire and the Humber.
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