Residential

• Sales
• Development of the Month
• Developments by Area
• Lettings
• Property Abroad
• Best of Manchester
• Investment Property
• Property Wanted for Cash

Commercial

• Sales
• Lettings

Services

• For the Home
• For Business
• Agents Directory

Register

• Residential Sales
• Residential Lettings
• Commercial Sales
• Commercial Lettings

News

• Property News
• Property News Archive
• Manchester News
• National News

Features

• Valuations
• Buy a Bargain
• Gazundering
• How to Sell A House
• Fall In House Prices
• Investment Property Intelligence
• Nationwide predicts market slow
• House Price Surveys
• HIPS The Effect
• HIPS - History
• 1st time buyers advice
• Sellers advice

Area Guides

• Altrincham
• Castlefield
• Chorlton-Cum-Hardy
• Didsbury
• Fallowfield
• Hulme
• Millennium Quarter
• New Islington / Ancoats
• Oxford Road
• Peter's Fields
• Piccadilly Basin
• Rusholme
• Sale
• Salford
• Spinningfields
• The Northern Quarter
• The Village
• Whalley Range
• Wythenshawe

Related Links

• Manchester Schools
• Urbanite
• Manchester Hotels
• Manchester.com
• Birmingham Property Guide
• Liverpool Property Guide
• Manchester Property Home

 
 
 

North-west house price growth takes a hit in June

18/06/2007

House price growth in the north-west fell between May and June, new figures have shown.

An index compiled by property website Rightmove has revealed that prices dropped by 0.4 per cent over the month, slowing annual growth from 7.5 to 6.5 per cent.

The average value of a home in the region now stands at £171,362, although this drops to £125,814 in Greater Manchester , according to the Land Registry.

Rightmove's findings suggest that the decline in pace in the north-west echoes that of London, where house price inflation fell behind the national average.

Commercial director Miles Shipside said that higher interest rates combined with the rush to sell before home information packs are enforced has made it a buyers' market.

"More property available is good news for buyers as sellers that need to sell urgently will have to drop their price," he added.

These latest figures follow a government survey released last week that showed that house price inflation in the north-west hit 7.9 per cent in the 12 months to April, which is well above the 6.5 per cent recorded in April last year.


© Adfero Ltd

THINKING OF INVESTING IN PROPERTY IN MANCHESTER?

Residential Property In Manchester

Click here to register for ALL residential property for sale in Manchester.
or click here to register for ALL residential property to let or rent in Manchester.

Manchester Commercial Properties

Click here to register for ALL commercial property for sale in Manchester.
or click here to register for ALL commercial property to let, rent or lease in Manchester.