House prices fall by 0.2 per cent
10:00am Thursday 30th August 2012 in News
THE combined effects of the Queen’s Diamond Jubilee and the Olympics has slowed the Oxfordshire property market, an expert has claimed. Figures for July from the Government’s Land Registry show the average price of a home stands at £240,260, a fall of 0.2 per cent on the previous month.
But year on year, values have risen by two per cent.
Graham MacDonald, director with Oxford estate agents Kemp & Kemp, said: “Half of people who buy houses have to move for job or family reasons, but the other half may just see something they want to buy and their decision is always influenced by other things.
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