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MSE news: House prices rise marginally, says Land Registry
Former_MSE_Guy
Former MSE 1.7K Posts
This is the discussion thread for the following MSE News Story:
"Property prices rose nominally in England and Wales during June, according to the Land Registry index.
Typical values were up 0.1%, meaning the average property price is now £153,046. Prices are down by 14% compared to this time last year..."
"Property prices rose nominally in England and Wales during June, according to the Land Registry index.
Typical values were up 0.1%, meaning the average property price is now £153,046. Prices are down by 14% compared to this time last year..."
Read the full story:
House prices rise marginally, says Land Registry
House prices rise marginally, says Land Registry
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(07/28) The UK [Land Registry House Price Index] reports a 0.1%
increase in June 2009, on an annualised basis prices are 14% lower than a
year ago. The 0.1% rise is the first positive monthly change since 2008,
according to the Land Registry, but it says that rather than signifying
solid growth, it is more a reflection of "flattening prices."
It also states that the number of sales averaged 30,997 per month from January to April 2009, down from 59,948 over the same period last year.
In May, the Land Registry reported that prices fell 0.2% (-15.9% annual change) while the number of property transactions averaged 31,091 per month between December 2008 and March 2009. (AM)
(MSE Andrea says ok!)
yeah!!
and probably fudged too
(MSE Andrea says ok!)
http://news.bbc.co.uk/1/hi/business/8172097.stm
"House prices in England and Wales have risen month-on-month for the first time since January 2008, according to the Land Registry.The 1% rise in June compared with May brought the value of the average home to £153,046, the survey found."
Talk about ramping
England & Wales at late 2004 prices
http://www1.landregistry.gov.uk/houseprices/housepriceindex/report/default.asp?g=1>=1&a=E%26W%2DALL&ac=Greater London&s=01 January 2004&e=01 June 2009&t=4
they've got that horribly wrong - it's got be a mistake. you can do that!!!
Land Registry report here
http://www1.landregistry.gov.uk/assets/library/documents/hpi-june2009.pdf
Anyway -
CRASH CANCELLED