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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 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 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 [...] People trying to sell their homes have dropped their asking prices for the first time this year.The research finds that asking prices dropped by 1.6% this month, or £3,797 on average per property. The sluggish market this year has meant that 70% of homes put up for sale in 2011 have still not found a buyer, [...] The UK housing market is facing “significant headwinds” despite prices rising slightly in June warns to the Halifax.House prices rallied 1.2pc in June on the previous month, Halifax reported, offering a glimmer of hope for the market which has seen prices sliding steadily downwards. The lender, which is now part of nationalised Lloyds Banking Group, said [...] UK house prices kept falling in England and Wales according to the Land Registry. The fall in prices means the average property in England and Wales is now worth £161,823. Only in London [...] Registered Office in England, 24 Charlton Drive, GL53 8ES, UK- 3506015 • Data Protection Registration Number- PZ5407728
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