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House Price Falls - Odpm

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News from the Office of The Deputy Prime Minister (National)


* The mix-adjusted average house price in the UK in February 2006 stood at £183,224, down from £185,404 in January 2006 (not seasonally adjusted).

* UK annual house price inflation in February 2006 was 3.6 per cent, down from 4.3 per cent in January 2006. Annual house price inflation in London was 1.9 per cent in February 2006, down from 5.3 per cent in January 2006.

The UK house price inflation rate fell from 4.3 per cent in January 2006 to 3.6 per cent in February 2006. Prices fell by 1.2 per cent between January and February, compared to a fall of 0.5 per cent seen over the same period last year.

The fall in UK prices between January and February can be attributed to falls in average prices for all property types, in particular for flats (4.6 per cent), detached properties (1.2 per cent) and bungalows (1.1 per cent).


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Sorry Mags, Jason put a thread up which is getting comments, even though you were the "quick draw" on this occasion. :D

lol! You guys are just too slow! :):D:)

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