A single ‘headline’ official house price index should be introduced to meet the needs of users, say National Statistician.
Today, The Council of Mortgage Lenders publish its predictions for mortgage and housing markets in 2011.
Considerable uncertainty remains in the UK housing market but the public considers the best time to enter the housing market to be within the next year.
However transaction volumes remain anaemic with outlook uncertain
Average house prices registered a 0.2% increase in November, reveals the LSL/ Acad November House Price Index.
An expected decline in mortgage lending towards the end of the year has now become apparent, datareleased by the Council of Mortgage lenders shows.
Prices fell by only 0.1% in November, and in the three months to November were 2.1% lower than in the preceding three months, reveal Halifax.
Retired homeowners have total property wealth owned outright of up to £769.8bn despite housing market volatility hitting prices in the past three months, say Key Retirement Solutio
Average annual global house price growth in Q3 2010 stood at 3.1%, say Knight Frank.
Central London house prices rose in November by 0.9%, the first price rise since June 2010, reveal Knight Frank.
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