Yorkshire sees price fall over quarter
HOUSE prices rose by 0.2 per cent in the second quarter of the year, resulting in annual fall of -1.2 per cent, according to the Nationwide.
But Yorkshire saw prices decline by 0.4 per cent over the quarter and by 0.2 per cent over the year.
Robert Gardner, chief economist at Nationwide, says: “While eight out of 13 regions saw positive growth during the quarter, this was not enough to keep annual growth positive.
“The West Midlands saw the largest price falls over the past 12 months, with prices down 2.7 per cent compared to the same quarter last year.”
Quarterly price growth in London remained robust with annual prices up 2.6 per cent.