http://www.landreg.gov.uk/assets/lib...11_x1p5cst.pdf
February's data shows a
negative monthly house price
change of -0.8 per cent. The
average house price in England
and Wales is now £162,215.
The annual change is also
negative, at -1.7 per cent, which
is the second month in a row in
which the figure has been below
zero. This is also the largest fall
since October 2009.
Sales volumes averaged 56,257
per month from September to
December 2010. This is a fall
from the 65,939 average for the
same period 12 months before
this.
I'm guessing the BoE will be printing more money soon to prop up house prices.
I'll be buying more gold.
February's data shows a
negative monthly house price
change of -0.8 per cent. The
average house price in England
and Wales is now £162,215.
The annual change is also
negative, at -1.7 per cent, which
is the second month in a row in
which the figure has been below
zero. This is also the largest fall
since October 2009.
Sales volumes averaged 56,257
per month from September to
December 2010. This is a fall
from the 65,939 average for the
same period 12 months before
this.
I'm guessing the BoE will be printing more money soon to prop up house prices.
I'll be buying more gold.
Comment