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The pace of house price falls in England and Wales increased in October- down 3.2% on a year ago according to the Land Registry.The average house price fell £2,020 to £160,000 in the month. The report, which looks at 16 million transactions, said prices fell 0.9% versus a month earlier, faster than the 0.3% rate decline [...] Average UK house prices fell by 0.7% in September according to official figures from the Department for Communities and Local Government (DCLG).The fall took the average UK house price to £207,326. Prices were 1.4% lower from a year ago. London was the only region where house prices had risen, with prices up by 2.8% in the [...] Activity in the UK housing market showed some signs of picking up in October, according to the latest poll of surveyors.Sales and new buyer inquiries edged up compared with the previous month, the Royal Institution of Chartered Surveyors (Rics) said. One theory from the industry was that sellers were becoming more realistic about pricing homes. However, the [...] House prices have continued to drop sharply in some regions of England and Wales – but still rose in London an official a survey has found.The Land Registry data offers evidence of the varying nature of the market in different areas of the country. In London, prices rose by 0.3% in September compared with August, and [...] House prices continued to “tread water” in September – rising by 0.1% compared with the previous month the mortgage lender Nationwide said.This left the average price of a home 0.3% lower than a year earlier, at £166,256, the building society said. Prices for the three months to September compared with the previous quarter were unchanged. Market turmoil [...] House prices fell by 1.2% in August compared with the previous month with property values expected to remain stable, Halifax said.The lender, now part of nationalised Lloyds Banking Group, said that the average home was 2.6% lower in value than a year ago at an average of £161,743. The monthly drop was the first recorded by [...] House prices fell slightly in August with values expected to stay the same or drift modesty lower for the rest of 2011 Nationwide says.The building society said that property prices were 0.6% lower in August than in July, and 0.4% down on the same month a year ago. The typical home now costs £165,914, the lender [...] House sellers have dropped their asking prices for the second month in a row.Sales have been held back by the reality gap in the market, with asking prices rising for most of this year while selling prices have been flat. However, Rightmove says asking prices dropped by 2.1% this month after a 1.6% fall in July. The [...] Surveyors are “pessimistic” about UK house prices in the next three months following a slight fall in property values in July.Some 13% more surveyors expect prices to fall rather than rise in the next quarter, the Royal Institution of Chartered Surveyors (Rics) said. The predictions come amid a period of sluggish activity in the market. London is [...] The number of mortgage borrowers in negative equity – where their loan is bigger than the value of their house – is 827,000, lenders have calculated.The Council of Mortgage Lenders (CML) said the figures, for the first quarter of 2011, suggest the problem is not as great as in the early 1990s. Then, an estimated 1.6 [...] Registered Office in England, 24 Charlton Drive, GL53 8ES, UK- 3506015 • Data Protection Registration Number- PZ5407728
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