Housing market figures out today
The housing market is continuing to perform strongly, according to new figures out today from the Office for National Statistics (ONS).
It says that house prices increased by 8 per cent in the year to March nationwide.
That compared with a 9.2 per cent increase for the year to the end of February.
The ONS figures also showed 0.5 per cent fall in house prices from February to March – the first time property values have fallen month on month in a year.
The new statistics come after the Governor of the Bank of England indicated that interest rates would stay at their record low of 0.5 per cent.
These figures show house prices continuing to rise although at a slower pace.
Whether you are moving or have decided to stay put and improve instead, we have an expert team of staff to help – including an in-house structural engineer, chartered surveyors, designers, architects and project managers.
The ONS also revealed an increase in the Consumer Prices Index today – to 1.8 per cent in April from 1.6 per cent in March – with transport costs to blame.
The housing market is continuing to perform strongly, according to new figures out today from the Office for National Statistics…