Date issued: 31 May 2006
HOUSE PRICE GROWTH SLUGGISH IN MAY
- House prices grew by 0.2% in May, the second month of neutral growth in a row
- Annual house price growth remains below 5%
- Accelerating house price growth should not be taken for granted
- Higher money market interest rates already affecting mortgage costs
| Headlines |
May 2006 |
April 2006 |
| Monthly index * Q1 '93 = 100 |
325.4 |
324.8 |
| Monthly change* |
0.2% |
0.1% |
| Annual change |
4.7% |
4.8% |
| Average price |
£164,632 |
£163,573 |
* seasonally adjusted
Our house price report
