Slight fall in price of newhomes

Yorkshire Post - Property - - PROPERTY -

The av­er­age price of a new home slipped by –1.2 per cent, to £217,845, in June, as a num­ber of short-term fac­tors pre­vented the con­tin­u­a­tion of the re­cent steady growth.

How­ever, with the three­month change stand­ing at +0.8 per cent and an­nual growth at +1.4 per cent, un­der­ly­ing mar­ket trends re­main pos­i­tive.

Steve Lees, mar­ket­ing di­rec­tor of SmartNewHomes.com says: “The in­crease in prop­er­ties for sale co­in­cided with the scrap­ping of HIPs as well as the emer­gency Bud­get, which will have led some house hunters to re-eval­u­ate their fi­nan­cial sit­u­a­tion.”

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