The UK housing market is experiencing strong regional variations, according to the latest survey from the Royal Institution of Chartered Surveyors (RICS).
London was the only region to record a positive reading for house prices in February, while outside the Capital 26% more RICS members surveyed saw prices fall, rather than rise, with the East of [...]
buyer demand
Housing market sees stronger regional variations
UK house prices continue to slide
UK house prices are continuing to decline, according to Halifax, which has registered a drop of 0.4% in the value of the typical home in the three months to February, compared with the previous quarter.
Last month prices actually fell by 0.9% (offsetting a January rise of 0.8%) taking the average house price back down to [...]
Hometrack: house prices down 1.6% in 2010
House prices in England and Wales fell by 0.4% during December, with 36% of postcodes recording declining prices, according to Hometrack.
Overall, the value of the average home ended 2010 down 1.6%, with 71% of the country seeing prices dip on an annual basis.
However, across 15% of postcodes (notably London and the South East) prices [...]
