ODPM February 2006 house price survey |
The Office of the Deputy Prime Minister (ODPM) has released its results for house price movements in February 2006, in which it reveals that annual house price inflation reduced to 3.6%, from 4.3% in January.
The fairly large fall in annual inflation is caused by ODPM figures showing average house prices actually falling in February – from around £185,500 to around £182,000
The result clashes with results from Halifax and Nationwide, who claim that house prices have shown distinct growth in 2006.
April 11th, 2006 at 11:33 am
Hmm, its odd that they don’t match up with Nationwide and Halifax. Either way, I guess it all points to the market being about even at the moment – no real movement across the whole range, but some movement in particular areas of the UK.
Dave