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Did House Prices Go Up or Down in August?
This article is an external press release originally published on the Landlord News website, which has now been migrated to the Just Landlords blog.
Did House Prices Go Up or Down in August?
House price growth has been reported very differently for August, with some claims that prices increased by 0.3% and another that the average price is down.
Nationwide says there was a slight fall in house prices in August, from £195,621 in July to £195,279 now.
The difference could be the cause of confusing seasonally adjusted figures.
Nationwide’s average price, based on mortgage data, contrasts to estate agent haart’s figure of £217,072.
haart reported that its average price is based on the prices seen in it branches during July, with buyer demand up 5.3% over the previous month.
The Land Registry is due to release average prices across England and Wales today.
