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Official - Land Registry shows house price increase

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    Official - Land Registry shows house price increase

    http://news.bbc.co.uk/1/hi/business/8329775.stm

    House prices in England and Wales rose by 0.9% in September compared with August and sales also picked up over the summer, the Land Registry has said.

    The average home in England and Wales cost £158,377, the figures showed.

    This was 5.6% cheaper than the same month a year earlier, but September was the fifth consecutive month when the year-on-year price fall has slowed.

    Sales were higher in July compared with July 2008, after months of lower year-on-year sales figures, it said.

    Completed sales have risen steadily each month since January 2009 when they stood at 26,662.

    The latest data shows that there were 57,579 sales in England and Wales in July, 9% more than the same month a year earlier.



    Gordon has the election in the bag!

    #2
    Presumably the market expects interest rates to stay low for some time, which is probably what Labour, the Tories and the European Central Bank want too. We might end up with inflation and low interest rates

    Comment


      #3
      boomed-tastic

      excellent news

      Milan.

      Comment


        #4
        Originally posted by milanbenes View Post
        boomed-tastic

        excellent news

        Milan.
        Valued in currencies other than Sterling house prices have dropped in value though.

        Comment


          #5
          Originally posted by TimberWolf View Post
          Valued in currencies other than Sterling house prices have dropped in value though.
          Quiet. Once pound reaches parity with euro all those Spanish people will start buying mansions with pools in the UK

          Comment


            #6
            Originally posted by AtW View Post
            Quiet. Once pound reaches parity with euro all those Spanish people will start buying mansions with pools in the UK
            That'll just drive prices up even further. Double-boomed!
            ǝןqqıʍ

            Comment


              #7
              Originally posted by AtW View Post
              Quiet. Once pound reaches parity with euro all those Spanish people will start buying mansions with pools in the UK
              So when does the European Central Bank start dictating our interest rates (if it hasn't already started unofficially doing so already)?

              Comment


                #8
                Originally posted by TimberWolf View Post
                So when does the European Central Bank start dictating our interest rates (if it hasn't already started unofficially doing so already)?
                Once the Czechs ratify, then President Blair will decide what our interest rates are.
                ǝןqqıʍ

                Comment


                  #9
                  Originally posted by AtW View Post
                  Quiet.
                  No you be quiet.
                  Hard Brexit now!
                  #prayfornodeal

                  Comment


                    #10
                    Originally posted by DiscoStu View Post
                    Once the Czechs ratify, then President Blair will decide what our interest rates are.
                    That's seems a very appropriate word somehow.

                    Comment

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