AppId is over the quota AppId is over the quota House prices rose by 1% in June, according to the Halifax, although in the three months up to June they were down 0.5% on the same period last year. “House prices continue to fluctuate on a monthly basis with an even number of falls and rises over the past year,” said Martin Ellis, Halifax housing economist. “There has been a marked improvement in the annual rate of change over the past 12 months. A year ago, in May 2011, house prices were falling at an annual rate of 4.2%. In contrast, there has been broad stability recently with the annual rate between 0% and – 0.5% in each of the past three months.” Ellis said that continuing low levels of mortgage payments relative to income and recent increases in employment may have helped support house prices in 2012 but added that he did not expect much change in prices and sales over the remainder of the year. “Expect further house price growth to be weighted towards London and the South East, wh

AppId is over the quota AppId is over the quota House prices rose by 1% in June, according to the Halifax, although in the three months up to June they were down 0.5% on the same period last year. “House prices continue to fluctuate on a monthly basis with an even number of falls and rises over the past year,” said Martin Ellis, Halifax housing economist. “There has been a marked improvement in the annual rate of change over the past 12 months. A year ago, in May 2011, house prices were falling at an annual rate of 4.2%. In contrast, there has been broad stability recently with the annual rate between 0% and – 0.5% in each of the past three months.” Ellis said that continuing low levels of mortgage payments relative to income and recent increases in employment may have helped support house prices in 2012 but added that he did not expect much change in prices and sales over the remainder of the year. “Expect further house price growth to be weighted towards London and the South East, wh

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