Having said that, annual house price growth showed a decline for the ninth consecutive month, with a change of 1.8 per cent. The most up-to-date figures available show that during March 2008 the number of completed house sales fell by 50 per cent to 53,080 from 106,047 in March 2007.
Monthly house price growth in London currently stands at 0.8 per cent, and the average house price at £354,714. The North East experienced the most significant monthly price fall with a movement of -2.4 per cent.
