Date issued: 30 Mar 2006

SPRING BOUNCE IN HOUSE PRICES

• House prices increased by 1.1% in March
• After a brief pause in February, prices back on strong upward trend
• Deteriorating affordability and rising utility bills will stretch income and act as a brake
• Stamp Duty changes will only help 2% of buyers

Headlines	March 2006	February 2006
Monthly index* Q1 '93 = 100	324.9	321.3
Monthly change*	1.1%	0.0%
Annual change	5.3%	3.7%
Average price	£162,083	£158,573

*seasonally adjusted

For further information please see this month's full report (PDF - 45KB)