Arab Today, arab today uk house prices rise 55 in 2013
Last Updated : GMT 19:58:22
Arab Today, arab today
Arab Today, arab today

UK house prices rise 5.5% in 2013

Arab Today, arab today

Arab Today, arab today UK house prices rise 5.5% in 2013

London - XINHUA

British house prices increased by 5.5 percent last year, bringing the average price to 250,000 pounds (416,737 U.S. dollars) in December 2013, official figures showed on Tuesday. The Office for National Statistics (ONS) said average house prices increased by 0.9 percent between November and December last year. "House price growth is beginning to increase strongly across parts of the UK, with prices in London increasing at more than double the UK average," it said. London still led the country in house price with the growth rate standing at 12.3 percent last year. ONS figures also showed varied house prices between regions. Prices grew by 5.7 percent in England, 4.8 percent in Wales, 0.5 percent in Scotland and 4.8 percent in Northern Ireland. Annual house price increases in England were mainly driven by rises in London. A report issued by research body Ernst and Young Item Club issued early February warned that the housing market in London was beginning to show signs of bubble-like conditions, and asked the government to monitor the trend closely and be prepared to intervene. The forecast showed the average house prices in London were expected to reach nearly 600,000 pounds (980,000 U.S. dollars) by 2018, some 3.5 times the average price in Northern Ireland and more than 3.3 times the average in the North East. It said average house prices in Britain would grow by 8.4 percent this year and 7.3 percent in 2015, before cooling to around 5.5 percent in 2016. According to the ONS figures, prices paid by first-time buyers increased by 7.4 percent in December, higher on average than in December 2012. For owner-occupiers (existing owners), prices increased by 4.7 percent for the same period.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today uk house prices rise 55 in 2013 Arab Today, arab today uk house prices rise 55 in 2013

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today uk house prices rise 55 in 2013 Arab Today, arab today uk house prices rise 55 in 2013

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: عقارات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday