Wednesday, May 18, 2011
LR vs CLG, who will win?
A baffling report issued by the Government yesterday (Tuesday) showed that its own official statisticians are completely at odds over the direction of the housing market and are working to entirely different figures. The Communities and Local Government data showed that in March, UK house prices increased by 0.9% over the year and by 1.2% over the month. The CLG report put the average UK house price at Â£205,565 in March. The report is at total odds with the other official report into house prices, released by the Land Registry.