June House Prices rise by 0.6%

LSL Property Services / Acadata England and Wales House Price Index (HPI) June 2016 headlines ‘House Prices in June continue to rise by 0.6%’.

Transaction numbers climb back to 2015 levels but Brexit looms large
London house prices fall 1.4% (£8,400) month – on – month – largest fall since May 2011
Slough and Luton top the leader board for annual house price growth at 21%
Uncertainty remains the watchword for 2016

Adrian Gill, director of Your Move and Reeds Rains estate agents, says: “Brexit is going to have a wide range of influences on the market, both positive and negative. How they will all balance out is far from clear, but they are going to increasingly dominate the market in the months ahead.”

To read the report in full on the LSL website click here

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

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