Wednesday, April 6, 2011
+0.1% in March -2.9% for the year
Commenting, Martin Ellis, housing economist, said: "House prices continue to fall at a modest pace as measured by the quarterly rate of change, the best measure of the underlying trend in price movements. Prices in the first quarter of 2011 were 0.6% lower than in the fourth quarter of 2010. There was a 0.1% rise in prices in March and prices were a similar amount above those at the end of 2010." So that's an IR rise off the agenda I think.