Online House Hunter: Regional variations | Alan Cleaver | Independent Property Blogs
REGIONAL variations on any housing statistics seem to fluctuate so wildly that it’s a wonder why anyone would want to extract a national average.
But that’s often what the press demand and it can make for an enticing – if misguided – headline.
“Average price of a new home hits 31-month high” is the latest headline which can be good news or bad news depending on whether you’re buying, selling or building.
It comes from the New Homes Index compiled by SmartNewHomes which represents 85% of all new homes for sale in England, Wales and Scotland. The full report is available online.
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