Friday, Mar 26, 2010
Land Registry: -0.3% MoM, +7% YoY
Citywire: House prices fall by 0.3% in Feb
The average house price in England and Wales dipped 0.3% in February, according to new Land Registry figures. However the annual rate of house price inflation rose to 7%, with London recording the biggest year-on-year jump in house prices.
Posted by little professor @ 01:38 PM (852 views) Add Comment
3 Comments
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1. landofconfusion said...
0.5% base rate.
Lenders' rates falling.
Low LTV mortgages becoming more common again..
Low (official) inflation.
Stock market up.
Retail sales up.
Economy 'recovering'.
And yet:
Mortgage approvals down.
Volumes down.
Prices stalling.
2. greenmind said...
Its the lip of the bull trap. Watch and enjoy the next leg down!
3. gone-to-colombia said...
The start of the second leg down. This time, with nothing to halt its progress.