Friday, Feb 26, 2010
Its OK, prices are still rising after all!
Land Registry: House Price Index January 2010
The January data shows an annual house price movement of 5.2 per cent, which is the second month in a row in which the figure has been positive. While not all regions are recovering at the same rate, it is clear that overall prices are increasing. Monthly house price change is also positive this month at 2.1 per cent. This is the eighth consecutive month that the figure has been above zero. The average house price in England and Wales now stands at £165,088, which is an increase from last month's figure.
Posted by greenmind @ 02:24 PM (1033 views) Add Comment
5 Comments
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. greenmind said...
Of course Land Reg lags a month or two behind nationwide so the January figures are to be expected.
2. mick rupert said...
A month-on-month increase of 5.2% annualised equates to a whopping 62.4% year-on-year HPI.
I should write articles for Assetz.
3. greenshootsandleaves said...
mick rupert @2 (4:33) 'A month-on-month increase of 5.2% annualised equates to a whopping 62.4% year-on-year HPI'
Well done, but how many times are we allowed to annualise?
4. greenmind said...
5.2% is the year-on-year increase; the month-on-month increase was 2.1%; the number of sales dipped, although still up on a year earlier.
5. Mda75 said...
Whatever way you look at it they aren't going down - at this rate I get to be 'right' about house prices when I am 105 by which time everyone who I said prices were going to fall to will also be dead :-)
Comes back to the old adage - if you wait long everyone is right in the end...