Monday 30 April 2012

Property prices on the climb for a second month - Business News - Business - The Independent

Property prices on the climb for a second month - Business News - Business - The Independent

The rise comes despite the end of the stamp-duty holiday and the wet spring weather. Overall, demand among buyers was higher, up 25 per cent over the last three months. But there are signs this is slowing with new buyer registrations up just 2.1 per cent in April as opposed to 4.4 per cent in May.

House prices were up for the second month in a row in April, according to property website Hometrack. Overall, prices rose 0.1 per cent in the month compared with a more robust 0.2 per cent increase in March.

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