Monday, April 27, 2009
Pointless survey of the week
House prices fell at the lowest monthly rate for a year in April, fuelling hopes among housing experts that a bottom is being reached in the market. Prices fell by 0.3% month on month, according to the national housing market survey from Hometrack, taking prices down by 10.1% year on year. Hometrack said this would add to optimism among estate agents on the back of increased levels of market activity and sales during the first three months of 2009.