Monday, March 31, 2008


UK house prices down 0.2% in March, sixth straight fall - Hometrack

UK house prices fell for the sixth straight month in March, pushing the annual growth rate to a two-year low, housing consultancy Hometrack said today. Average house prices fell 0.2% in March from February, while annual growth dipped to 0.4%, the slowest since March 2006, Hometrack said. The news is another signal the slowdown in UK house prices may be prolonged. On Friday, the Nationwide building society reported its own measure of annual price growth was 1.1%, the lowest in 12 years.

Posted by little professor @ 12:56 AM (360 views)
Please complete the required fields.

2 thoughts on “Timberrrrr!!!

  • northern bear says:

    Can anyone explain to me how house price movements are calculated? It must be a fairly accurate measure if 0.2% can be detected.

    Please complete the required fields.

  • Isn’t two consecutive quarters of negative growth the definition of a recession?

    Please complete the required fields.

Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>