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House prices continue downward trend

  • 07/10/2002
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The September Hometrack survey of the housing market revealed house prices rose by an average of 0.6...

The September Hometrack survey of the housing market revealed house prices rose by an average of 0.6%, continuing the downward trend seen since May’s high of 2.6%. With the exception of central London, where prices fell by 0.2%, all counties experienced a rise.

Hometrack reported that Teeside property prices had the strongest growth at 1.6%, followed by Cornwall and Northumberland at 1.5%. The fastest-growing prices in cities were seen in Newcastle and Exeter (both 1.7%) and Preston (1.5%).


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