Saturday, October 27, 2012
In a recession, house prices rise…..so how does that work?
London drove the market with the biggest increase Annual increases concentrated around the South, while the North, the Midlands and Wales saw falls The Olympics and Queen's Jubilee celebrations have been blamed for disrupting house sales recently House prices have recorded their biggest annual growth in almost two years, the Land Registry has revealed. The 1.1 per cent rise in September for England and Wales was the biggest year-on-year rise since November 2010. It took typical prices to Â£162,561. The annual increases were concentrated around the South â€“ with the South West, the South East, London and the East seeing rises.