Monday, April 21, 2008

Rightmove: -0.1% MoM, +1.3%YoY

UK house price growth slows to 3-yr low

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%.

Posted by little professor @ 12:21 AM (711 views)
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2 thoughts on “Rightmove: -0.1% MoM, +1.3%YoY

  • mark wadsworth says:

    LP, did you wait up after midnight just for the RM report to come out? It was worth it, though!

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  • Saw Shipside interviewed on Bloomberg this morning – seems to believe that curing the credit crunch will bring sweetness and light back to the market.

    – I’ve news for him..!

    He’s not the brightest kid on the block, but a great self-publicist..

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