Friday 4th July 2008
Good News For Derby House Owners
09/04/08
Whilst house prices dived by 2.5% during March, their biggest monthly fall since the 1990s house price crash, figures released today show that the East Midlands is bucking the trend with rising house prices.
Halifax, who released the figures, said homes had lost 1% of their value during the first quarter of 2008, to leave the average property costing £191,556. But there has been huge regional variation within this figure, with house prices in the West Midlands falling by 5%, a fall of 4.7% in Wales and by 2.6% in the South West during the first three months of the year.
But at the other end of the scale house prices rose by 2.2% in the East Midlands and 1.6% in Greater London
Good News For The Property Market
NAEA Members report a stable market but continue to urge the government to ease the pressure.
Chris Rises To The Top
City estate agent is elected President of National Association.
Home Information Pack Update
Do Not Hesitate
Fantastic! Last week for the first time in months, the press relented. The Daily Mail ran a front page headline “House Prices won’t crash”. A housing economist had at last issued a correct analysis of the true relationship of Demand, Supply and Price.
