Thursday, July 10, 2008


Government house price index shows continued growth

The Department for Communities and Local Government (DCLG) has published its latest house price index which puts annual house price inflation at 4.9% in April. House prices actually rose by 0.7% during the month and the figure compares with annual inflation rates of 5.2% in March and 12.3% in July 2007, the point at which annual house price growth peaked. The figures contradict data from leading mortgage lenders, with Halifax and Nationwide reporting annual house price falls of 3.8% and 4.4% respectively.

Posted by should_of_banked_it @ 08:38 AM (433 views)
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