House prices rose by 0.3% in March and the year on year rate of growth now stands at 1.3%. However these headline figures mask a growing evidence of change, Hometrack has said.
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House prices rose by 0.3% over February, but Hometrack caution that price rises alone are not indicative of strong foundations as the 2010 housing market gets off to a slow start.
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Overall house prices rose by 0.1% in January while the year on year rate of grow currently stands at -0.1, property group Hometrack reports.
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House price growth experienced the usual seasonal slowdown in December on the back of a fall in the volume of sales agreed and the first monthly decline in buyer demand (-2.2%) since January 2009.
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House prices rose by 0.2% in November 2009, the fourth consecutive increase in house prices and brings the year on year rate of growth on -2.9%, Hometrack has said.
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House prices grew by 0.2% in October 2009 – the third consecutive increase which brings the year on year rate of house price growth to -4.2%, Hometrack has said.
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House prices in England and Wales fell at their slowest annual rate in almost a year in August, as prices rose for the first time in more than two years, property data company Hometrack has said.
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