Citywire: ‘Housing market on the turn’ as price growth slows

House prices grew by 0.2% in April, a smaller increase than in previous months, with data provider Hometrack suggesting the election had added to buyer uncertainty. It said that the 0.6% house price growth in London had flattered the headline average price increase of 0.2% over the month (the survey runs to April 21st). The survey found that the number of viewings per sale has increased for the third consecutive month in a row, while the proportion of the asking price being achieved remains unchanged at 94%; this is the first time this measure has not risen for 13 months, Hometrack reports.