All you need to know about what’s hap­pened in prop­erty this week

The Daily Telegraph - Property - - Cover Story -

House prices slumped dur­ing the key spring sell­ing sea­son, ac­cord­ing to of­fi­cial Gov­ern­ment fig­ures.

The an­nual rate of growth was 4.1 per cent in March, down from 5.6 per cent in Fe­bru­ary, as the mar­ket stag­nates due to a lack of sup­ply. Be­tween those two months, the av­er­age house price across the coun­try fell 0.6 per cent.

The slow­ing in the hous­ing mar­ket came amid an in­creas­ing squeeze on con­sumers.

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