Monday, Jan 28, 2008
Hometrack: -0.3% in Jan
Guardian: UK house prices up 2.3% year on year
Housing market research company Hometrack said house prices in January rose 2.3 percent on a year ago, down from 3 percent in December and the weakest rate since June 2006.
On the month, prices fell 0.3 percent, the fourth consecutive monthly fall.
The average time to sell a home rose to 8.5 weeks - the highest since the survey began in 2001.
Posted by little professor @ 12:12 AM (425 views) Add Comment
2 Comments
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1. hpwatcher said...
I want to see a lot more of this....
2. Realist said...
That year-on-year number is getting ever smaller. Love the headline though and is funny how the month-on-month figures are moving further and further down the page in these reports. What will they do when the YOY figures go negative?