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Home » Comment on the UK House Price Index for April 2016
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David Brown, CEO of Marsh & Parsons, comments:
“This new, combined house price index gives a more accurate picture than ever before given the inclusion of cash sales and new dwellings, along with average price calculations that are less liable to volatility. The revised methodology doesn’t scramble the signal however house price growth continues the strong performance it has shown over the past two and a half years, despite a slight calming since March.”
“The rate of house price growth in the capital has been overshadowed at various junctures over the past year by strong showings from the East of England and the South East, but London is top dog once again. A truly world-class destination like London may not always be at full throttle, but it never loses its lustre.”
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