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Sunday 21st of March 2010

News Tag: monthly

September 1, 2009

Weak manufacturing data sends FTSE down

by Kay Murchie
”Weak
The Chartered Institute of Purchasing & Supply's monthly index of manufacturing fell to 49.7 in August from 50.2 in July - a figure below 50 indicates contraction. Today’s figures have surprised many analysts who predicted a rise to 51.5, after growth was reported in July for the first time since April last year. Meanwhile, the new orders index declined from 54.8 to ...



June 26, 2009

Official figures show house price slide easing to 0.2%

by Gill Montia
”Official
Latest figures from the Land Registry show house prices in England and Wales declining by 0.2% in May, with the average property worth £152,497. While the monthly change remained negative, the rate of fall eased from 0.3% in April and the annual rate of decline fell back to 15.9% compared with 16.2% in April. In May, London saw house prices ...



February 26, 2009

Nationwide house price index down an annual 17.6%

by Gill Montia
Nationwide house price index down an annual 17.6%
Nationwide has reported a 1.8% fall in UK house prices, in February. The lender's monthly index puts the average cost of home at £147,746, or 17.6% less than a year ago (£179,358). The building society's chief economist, Fionnuala Earley, suggests that a combination of falling prices and interest rates could mean that when confidence returns to the market, sales will ...



January 9, 2009

Abbey launches 7% monthly saver

by David Masters
”Abbey
Santander-owned Abbey has reissued its Super Fixed Rate Monthly and Fixed Rate Monthly savings accounts. The company said it hopes the two reissued accounts will help customers kick-start their New Year's resolution to start saving. Abbey's Super Fixed Rate Monthly Saver offers a 7% AER for 12 months, provided no withdrawals are made, and between £20 and £250 per month are deposited into the ...



December 30, 2008

Land Registry detects 12.2% slide in house prices

by Gill Montia
Land Registry detects 12.2% slide in house prices
The official record of the collapse of the housing market in England and Wales has been updated by latest figures from the Land Registry. In November, the Registry noted a 1.9% fall in the average cost of a home, taking the annual decline to 12.2%. The pace of decline accelerated in October when prices fell 1.5% on a monthly basis and ...



December 10, 2008

Government figures put house price decline at 7.4%

by Gill Montia
Government figures put house price decline at 7.4%
Official figures from the Department of Communities and Local Government (DCLG) show that in October, the average cost of a UK home had fallen 7.4% from a year earlier. The monthly fall stood at 2.5% taking the average cost of a property to £203,539; London remained the UK's most expensive city with an average house price of £318,831. The DCLG figures ...



December 4, 2008

House prices down 2.6% in November

by Gill Montia
House prices down 2.6% in November
Halifax has reported a further 2.6% fall in the average price of a UK home, in November. The annual rate of decline now stands at 14.9% (compared with 13.7% in October), with the average cost of a property at £163,605, roughly the same as in July 2005 and down £31,485 over the past 12 months. The annual figure is calculated on a ...



November 28, 2008

Land Registry reports 10.1% annual fall in house prices

by Gill Montia
Land Registry reports 10.1% annual fall in house prices
Latest figures from the Land Registry show house prices in England and Wales falling by an annual 10.1%, in October. The average value of a home declined 1.5% during the month, to £165,529, a figure last seen in mid-2006. The Registry compiles its data from completed transactions and therefore lags behind other monitors of the housing market. By comparison, ...



September 26, 2008

Average house price down 4.6%

by Gill Montia
Average house price down 4.6%
The Land Registry has published its house price index for August, showing a 4.6% annual fall in the average cost of a home, to £174,439. The monthly decline stood at 1.9%, which compares with a monthly fall of 0.6% in July. The average house price in England and Wales has now returned to the level recorded in spring 2007, but with significant regional variations. In ...



August 21, 2008

HMRC admits to error in UK house sales figures

by Gill Montia
HMRC admits to error in UK house sales figures
Monthly residential property statistics published by the Government will not be appearing in August because errors have come to light. Under stamp duty requirements, HM Revenue & Customs (HMRC) is advised of completed UK property transactions where values are £40,000 and above. The latest update on house sales was scheduled to be published on 21st August but according to a ...