27 Jun

House Prices 'Unchanged in May'

BBC News website, Friday 27th June 2008. 'House prices in England and Wales were unchanged in May and up 1.8% over the year, the Land Registry says. But it said that sales volumes during March were half of the number in March 2007, at 53,080. The figures, which are based on completed property sales, are at odds with a sharp fall in house prices reported by the UK's major lenders. The Registry said annual house growth fell for the ninth month running. The average cost of a home was 183,266 pounds.'