"The Easy Way to Get Your Best UK Mortgage"



Bookmark This


Google Feeds


Yahoo Feeds


AOL Feeds


Newsgator Feeds
About Us
Your Privacy
Contact Us
Tip Our Charity
This website is Approved by Cradon Investments Ltd Authorised and Regulated by
the Financial Services Authority FSA No: 300505


TrustGuard

UK House Prices Situation at 6 7 2007: Prices stable in most areas

UK House Prices Forecast: Limited growth with some small falls in prices

Prices Only Rising In 28% England & Wales

New date published by house price information service Hometrack has shown that house price growth has come to a halt in much of England and Wales.

Only 28% of locations in England and Wales saw price increases in June, with the vast majority seeing either no change in prices or a small drop. The Hometrack House Price Index (HPI) indicates that the average house price rose by just 0.3% in June - down from 0.6% in May.

The annualised growth rate also dropped from 6.7% in May to 6.4% in June, and Hometrack director of research Richard Donnell said that be believes that the next few months will see the annual house price growth rate dropping to around the 4% mark as month-on-month growth slows still further.

Donnell also commented that

"It seems likely that the average time to sell will increase in the months ahead, with a slowdown in sales volumes and a switch to a buyers’ market."

The North, North West and Wales all saw average house prices increase by just 0.1% in June, while the East Midlands saw no change at all in prices.

Even London Prices Slowing?

Seventeen of London's thirty-two boroughs saw a fall in the average house price in June, according to new data from property website Rightmove.

Research from Smartnewhomes.com, a website that monitors the prices of new properties, also recorded a drop in London prices. Its data shows that the average price of a new home in London is down 3.7% from its peak in May - although it is still £385,686.

Latest House Prices Forecasts and Predictions in the UK

House Prices Forecasts and Predictions to 10/10/2006

House Prices Forecasts and Predictions to 27/10/2006

House Prices Forecasts and Predictions to 3/11/2006

House Prices Forecasts and Predictions to 7/11/2006

House Prices Forecasts and Predictions to 22/11/2006

House Prices Forecasts and Predictions to 27/11/2006

House Prices Forecasts and Predictions to 3/12/2006

House Prices Forecasts and Predictions to 10/12/2006

House Prices Forecasts and Predictions to 17/12/2006

House Prices Forecasts and Predictions to 22/12/2006

House Prices Forecasts and Predictions to 29/12/2006

House Prices Forecasts and Predictions to 5/1/07

House Prices Forecasts and Predictions to 12/1/07

House Prices Forecasts and Predictions to 19/1/07

House Prices Forecasts and Predictions to 26/1/07

House Prices Forecasts and Predictions to 2/2/07

House Prices Forecasts and Predictions to 9/2/07

House Prices Forecasts and Predictions to 16/2/07

House Prices Forecasts and Predictions to 23/2/07

House Prices Forecasts and Predictions to 2/3/07

House Prices Forecasts and Predictions to 9/3/07

House Prices Forecasts and Predictions to 16/3/07

House Prices Forecasts and Predictions to 23/3/07

House Prices Forecasts and Predictions to 30/3/07

House Prices Forecasts and Predictions to 6/4/07

House Prices Forecasts and Predictions to 13/4/07

House Prices Forecasts and Predictions to 20/4/07

House Prices Forecasts and Predictions to 27/4/07

House Prices Forecasts and Predictions to 4/5/07

House Prices Forecasts and Predictions to 11/5/07

House Prices Forecasts and Predictions to 18/5/07



[improve this article]

Browse over 200 Free Mortgage Tips

Your Complete Guide to UK Mortgages

Find Out How to Win the Race to Buy Your Home - Home Buyers Guide

How to Sell Your Home

Learn How to Save ££s by Remortgaging

Read the Insider Info on Home Insurance

Best Buy UK Mortgage Tables

UK Mortgage Calculators

UK Mortgage Quotes

First Time Buyers

Self Employed Mortgages

Bad Credit Mortgages

Overseas Mortgages

Common Questions / FAQs

Mortgage Definitions

Mortgage Lenders UK List

LATEST MORTAGE UK NEWS

Site Help

About Us

Your Privacy

Contact Us

HELP

Mortgage Guide Site Map

Tip Our Charity