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Latest Residential Property Price Bulletin

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Wednesday 14 November 2012

The mix adjusted purchase price for local market properties was £445,326 in the third quarter of 2012, 4.3% higher than the same quarter of 2011.

Dr Andy Sloan, States Economist said,

"These latest numbers point to a continuing softer local property market. Price rises every quarter this year have been little more than RPI. Volumes are also slightly lower than this time last year. Overall, this points to a slightly slower local market in 2012 than in 2011 - consistent with current flat economic conditions".

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