I started this blog in June 2007 asking these questions: Are we in a massive asset bubble that will blow up in our faces ??? - ANSWERED YES ! Is western and particularly British society on the verge of social collapse??? What are the best common sense long term investment strategies to keep you rich? When will consumption/debt bubble economics end and a real savings/production economy begin ???

Wednesday 6 June 2007

House prices 'still accelerating'

Brighton & Hove has joined Greater London as the place in England and Wales where house prices are rising fastest, says the Land Registry.
Property prices went up by 15.6% in both those areas in the year to April.


In England and Wales prices rose by 9.1% on average, faster than the property inflation rate of 8.3% recorded in March.

The average home in England and Wales now costs £179,935 - £15,003 more than a year ago.

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