Wednesday 08 May 2013
The Residential Property Prices Bulletin for the first quarter of 2013 is now available. It reports that the mix-adjusted average purchase price for local market properties was £447,628 in the first quarter of 2013, which is 1.8% higher than the same quarter of the previous year
Dr Andy Sloan, States Economist said:
"This report is unlikely to cause a great deal of surprise: local market property prices and sales volumes continue to reflect a generally softer market allied to continuing subdued economic conditions."
The latest Residential Property Prices Bulletin along with the Annual Supplementary Property Bulletin for 2012, which provides a comparison of average local market property rental and purchase prices, are both available via www.gov.gg/property.
