Home buyers back in the market as Welsh house price rise bucks trend for UK ; But we're not totally out of the woods yet, estate agents warn

Western MailJune 27, 2009

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Summary


HOUSE prices in Wales rose for the third successive month in May.

Figures for last month released by the Land Registry yesterday revealed the cost of a home in Wales rose by 1.2%, with an average price of pounds 119, 990.

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Extract


Home buyers back in the market as Welsh house price rise bucks trend for UK ; But we're not totally out of the woods yet, estate agents warn

This follows an increase in prices of 0.3% in April and 1% in March, preceded by a slump of 3.6% in February and 8.8% in January.

The May rise bucks the trend for the UK market overall, with the average cost of a property in England and Wales dropping by 0.2% during the mo...

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