House prices still falling yet London defies trend

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search Adsautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definition Share KCS-content Tags: NULL whatsapp HOUSE prices in England and Wales fell for the fourth consecutive month in December, yet in London prices ticked up sharply, official data showed yesterday.Overall house prices dropped by 0.2 per cent compared to November, yet in London month-on-month prices were up by one per cent, and 6.2 per cent higher than in December 2009.The average house price in London now stands at £342,325, the Land Registry said, compared to an average of £163,814 across England and Wales — down 1.9 per cent (£3,219) from a peak of £167,033 in August.In its most recent data on the number of sales, the Land Registry reported that 55,964 properties were sold in October.Today the Bank of England will release figures on the number of mortgage approvals made in December – expected to slip to 45,000, which would be a 20-month low. “Housing activity remains in the doldrums,” said Howard Archer of IHS Global Insight. center_img House prices still falling yet London defies trend Show Comments ▼ Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautCheese Crostini: Delicious Recipes Worth CookingFamily Proof Monday 31 January 2011 8:05 pm whatsapplast_img