Property News

Wednesday, January 24, 2007

House prices up 4.2%

According to the latest Halifax House Price Index, house prices have risen by 4.2% during the last three months of 2006.

The report found that average house prices rose to £186,954 in the fourth quarter, pushing the annual rate of inflation up to 9.9%.

Northern Ireland recorded the biggest rise between October and December, with prices up 15.9% to £196,874.

Greater London remains the most expensive part of the UK to live, with average house prices pushed up to £287,176 following an increase of 6.6%. The smallest regional increase during the fourth quarter was recorded in the North, with an increase of just 0.9%.

0 Comments:

Post a Comment

<< Home