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UK house prices rise through August

Posted on 14 September 2011

UK house prices increased further in August, buoyed by a 1.6% rise in London, according to the latest figures from LSL Property Services. Transactions up were 1.5%, bucking the seasonal trend, while the sale of flats is now 80% below market peak.
LSL Property Services director David Newnes said: “The property market bounced back this summer, with consecutive months of price rises following falls between April and June. While some regions have seen prices fall, the rate of fall has shrunk……………………………………….Full Article: Source


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