Monday, April 21, 2008
Rightmove: -0.1% MoM, +1.3%YoY
Annual house price inflation in England and Wales slowed to its weakest level since mid-2005 this month as April suffered its first month-on-month fall in asking prices in six years, a survey showed on Monday. April usually sees a rise of around 2.8% The annual rate of asking price increases slowed to 1.3% in April from 5% in March, Rightmove said. On the month, prices were 0.1% lower. Last month, Rightmove reported that asking prices rose by 0.8%.