The Financial Times House Price Index for March has indicated that house prices are static rather than falling.
Statistics for last month show no change in the average price of UK Property, contradicting the findings of surveys such as that of Halifax, which produced a figure indicating a 2.5 per cent decline.
This was the fourth time in five months the index had shown little or no change, with prices rising in February, the paper noted.
London Property remains the area of greatest growth in the survey, with a 12.3 per cent rise over the last three months.
While the Financial Times survey is at odds with Halifax and Nationwide, which also indicated a price dip in March, it is not the only survey to suggest a more static picture in house prices.
The land Registry figures for February, published last week, showed no overall change across England and Wales. |