| From ft.com: House price inflation fell close to zero in June, the Land Registry said yesterday, in further evidence of the difficulties in the property market.
Like the FT house price index, the Land Registry's data are based on the prices of properties sold in England and Wales. These figures have consistently shown slightly higher house price inflation than the main mortgage lenders.
But the trend in all house-price measures has been the same. House prices have fallen most months this year and there is no sign yet of any recovery.
Prices were 1 per cent lower than in May and only 0.1 per cent higher than in June 2007.... Full Article: Source
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