NetRent News Blog
House prices are being kept up by lack of stock – but affordability appears to be driving new buyers away.
The latest Hometrack report, out this morning, says house prices rose by 0.3% this month, but stock volumes and the level of sales agreed were down. Also down was the rate of rise in new applicant numbers.
The house price rise was the highest monthly growth for three years, says Hometrack.
London house prices rose the most (0.7%) this month. But prices were down in just one region, the North-East.
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