September 9, 2011 1 Comment
The latest LSL Property Services/Acadametrics Index noted the house prices growth in England and Wales. They rose, on average, to 0,3 percent compared to the last month and currently stand at £ 219,078. However, year-to-year house prices are down 2,2 percent. LSL research showed property transactions growth of 1,5 percent to reach a level of 64,500 in August.
Prices in London have increased by an average of 1,6 percent in July, after a three month fall during the summer. In other parts of England and Wales there was a visible price drop compared to last year, but as David Newnes, director LSL Property Services says, the falling rate has decreased and the housing market nationwide is heading in the right direction. Read more of this post