Monday 28 July 2008

June land registry data out today

Full data here

Some highlights

monthly change -1%
yearly change +0.1%

Next month will now show a yearly fall in house prices. This data is based on completion prices relating to properties that were put on the market around 6 months ago.

The graph on page 4 shows London annual changes in freefall.

The graph on page 12 shows sales volumes at under 60,000 which is around 39% lower than this time last year.

The land registry data will continue to show falls for over a year and will most likely bottom out at the end of 2009.

No comments: