DCLG House Price Index (Sep) up 1.2%

The Department for Communities and Local Government (DCLG) house price index for September shows that UK house prices were up 1.2% compared to August 2009, although down 4.1% compares to a year ago (Sept 2008).

DCLG statistics go on to show that UK house prices rose by 3.1 per cent in the quarter ending September 2009. This compares with a smaller rise of 0.3 per cent for the quarter ending June 2009 (seasonally adjusted).

DCLG statistics are currently very similar to the Halifax HPI.

Read more on the DCLG website www.communities.gov.uk

Alec Hanson



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