house prices

House Prices Up By Just 1% In 2011

House Prices Up By Just 1% In 2011

by Rebecca Hall on 3 Jan, 2012

According to the Nationwide Building Society, house prices rose 1% throughout 2011. Although prices actually dropped 0.2% for December, the year as a whole saw the average house price increase marginally to £165,798. Nationwide’s chief economist Robert Gardner remarked “The 1% rise in house prices recorded over the past 12 months could hardly be described […]

The Royal Institute of Chartered Surveyors’ (Rics) monthly survey provided an interesting read at the end of 2010. Despite property prices falling in general, the market has continued to slow. The survey suggests that despite the recovering economy, demand for homes remains low. Estate agents cite a dearth of first-time buyers and anxiety about the […]