01.06.2011 - UK: House prices edging lower, Land Registry figures show
House prices in England and Wales have drifted slightly lower in the past few months, according to the Land Registry. Its latest survey of all completed sales shows the average price rose by 0.8% in April to £163,083. However, the average sale price in the February to April period was 1% lower than in the previous three months - the best indicator of short-term trends. Prices in April were 1.3% lower than a year ago, and monthly sales have also fallen, by 14% in the past year..............................................Full Article: Source
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