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UK: Housing market ‘is topsy-turvy’

Posted on 03 January 2013

The “topsy-turvy” nature of the housing market was in evidence, as official figures showed that prices edged up but sales slowed. House prices increased by 0.3% month-on-month in November to reach £161,490 across England and Wales, pushing them 0.9% higher than a year earlier, the Land Registry said.
But sales were more sluggish, with 57,971 transactions taking place between June and September 2012, representing a drop of around 7% on the same period in 2011………………………………………..Full Article: Source


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