Yet again the Land Registry has reported that during November the prices of Houses in England and Wales have increased.
This was the sixth month in a row that has seen an increase. It reports that the increase was a month on month rise of 0.9%. This has to be factored into the annual position where house prices have fallen over the whole year to the end of November but now have fallen by only -0.3%. It may be very soon that we will be able to report an average increase.
The rate of change throughout the country is vastly different from location to location. To discuss how matters have changed in any individual location contact your local independent chartered surveyor here.