Home­prices march down­wards

Yorkshire Post - Property - - FRONT PAGE -

LAND Reg­istry fig­ures show that av­er­age house prices fell 0.6 per cent in March.

The North East had the great­est monthly rise at 5.6 per cent and York­shire out­per­formed much of the mar­ket with a fall of just 0.1 per cent, though prices have seen an an­nual de­crease of 2.2 per cent. London ex­pe­ri­enced the high­est in­crease over the last 12 months with a rise of 0.7 per cent. Wales saw the great­est fall of -5.5 per cent.

Mean­while, Home­track re­ports a 0.1 per cent rise in av­er­age prices for April and say the num­ber of prop­er­ties on the mar­ket has risen by al­most 19 per cent over the past three months.

Re­search di­rec­tor Richard Don­nell ex­pects prices to flat­ten out as sum­mer ap­proaches.

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