Friday, Nov 10, 2006

London's boom masks stagnation in the regions London housing booms while regions stagnate

Two distinct housing markets exist in England and Wales, according to the latest FT house price index, with a booming market in London contrasting with near stagnation elsewhere.
In the third quarter of the year, Londons house prices rose at an annualised rate of 11 per cent, while Wales, the region the with the second fastest price rises, recorded only an equivalent rise of 4.5 per cent.

Posted by dohousescrashinthewoods @ 10:34 AM (379 views)
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