Rat and Mouse
Mon
16
Jul
Market report - DCLG

It's the one that's late, but the one that matters... based, as it is, on completions. The headlines are:

In May, house prices rose 0.7%, with flats (1.8%) leading the charge (contrary to almost all the current chatter about a surplus of apartments and a shortage of houses). Terraced houses were next best (0.9%), followed by semi-detached homes (0.6%) and detached properties (0.3%). The annual inflation figure fell from 11.3% in April to 10.9%; and for the three months to May, the figure was 11%. In London, the May-to-May figure was 14.5% (from 14% in April).

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