UK property prices increase in May

The government has released its UK House Price Index for May 2006, showing that inflation in the UK property market rose to 5.6 per cent from 5.1 per cent in April. Wales was the only country in the UK to see a fall in inflation in May, to 5.1 per cent from the level of 6.6 per cent the previou

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UK property prices drop in June

The Halifax house price index has reported that the prices of residential UK property decreased by 1.2 per cent in June compared to the previous month. House prices in the UK saw an overall increase of 4.5 per cent in the first half of 2006, however, and a rise of 2.6 per cent in the second quarter

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