Wake Up To Money – December 24th 2012

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Vital numbers.

Annual house price inflation in February was +1.9% - it was 2.2% pa in January (says ONS)

Average house price in January was £233,000 (says ONS)

Ave asking price in April £244,706 up 2.1% pa - £239,710 in March 2012 (says Rightmove)

Nº of homes sold in March across UK 86k - 89k in Mar 2012 (says HMRC)

Nº of months of unsold inventory - 10

Ave price paid by a First-Time Buyer was 1.6% higher than in Feb 2012 (says ONS)

The average cost of renting a home in the UK increased 2.4%pa in March to £793pcm - (says HomeLet)

Renting in London now costs £1,236pcm on average, 4.8% higher than a year ago. - (says HomeLet)

Average sale prices in England & Wales still 11% below their peak in Nov 2007. They are 15% across Wales and 20% below in the North West (says Land Registry)

1 in 12 home owners with a mortgage in the UK (719k) is in negative equity (CML via G Norwood)

Latest from Twitter

@PennyHaslam Hang on, exactly when, where, who and why .... wasn't I invited?? :o) Had no idea P, good luck & have a great day! Time ago 22 Hours via Twitter for iPhone
RT @PropertyJourn: At Devon County Show with cows to the left of me, porkers to the right. Here I am, stuck in the middle with ewes. http:/… Time ago 22 Hours via Twitter for iPhone
Bricks & Clicks is out! t.co/AyExNGcQiV Time ago 22 Hours via Paper.li
The Morning Glory is out! t.co/Ie040AxSkS ▸ Top stories today via @BBCDomC @katehumble @hannahfearn Time ago 24 Hours via Paper.li
@Propertyshe Much better! 😙 Time ago 1 Day via Twitter for iPhone
Blimey, this flood-risk map will scare a few lenders and consequently upset a few house sales in the coming months. t.co/591fETuh8y Time ago 2 Days via TweetDeck

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Henry Pryor

Wake Up To Money – December 24th 2012