Monday, April 16, 2007
UK house prices fell 0.1% between January and February, says the Department for Communities and Local Government (DCLG). The government's official house price index, published by the DCLG, said the average home cost £205,102 in February, down from £205,339 in January. Year-on-year though, UK house prices were 12.1% higher, the DCLG added. The DCLG result differs from recent Halifax and Nationwide surveys which have shown house prices rising sharply.