Property Renovations Ely Ltd

House prices fell for the sixth month in a row over March, according to Hometrack’s national housing market survey.

Average prices were down by 0.2% over the month with the annual rate of growth slipping to +0.4%, the lowest level for two years since March 2006. The survey highlighted a continued improvement in both levels of demand and transaction levels although pricing levels are likely to remain under pressure over the coming months.