What is happening to house prices: the Home guide

In this guide

June 2009

• Home Asking Price Index, June 2009: instructions surge as home sales pick up

  Asking prices fell 0.1% since May and 5.5% year on year, while typical time on market dropped to 129 days amid a surge in new instructions.

  12 June 2009

May 2009

• Home Asking Price Index, May 2009: prices jump despite rising time on market

  Average asking prices in England and Wales rose 1.1% during April while typical time on market increased to 184 days, despite annual prices falling 5.6%.

  12 May 2009

April 2009

• Home Asking Price Index, April 2009: market prices falling more slowly

  Asking prices in England and Wales fell 0.4% in March, taking the annual decline to 6.9%, while typical time on market rose to 175 days.

  14 April 2009

March 2009

• Home Asking Price Index, March 2009: prices 'on hold' despite glacial market

  England and Wales asking prices rose slightly by 0.1% in February 2009 but remain 7.1% lower than a year earlier, as Time on Market rose to 173 days.

  12 March 2009

February 2009

• Home Asking Price Index, February 2009: prices falling faster in the South

  Asking prices for homes in England and Wales fell 1.4% in the month and 5.9% year on year, with southern regions seeing the steepest declines.

  12 February 2009

January 2009

• Home Asking Price Index, January 2009: fewer price cuts over festive season

  Asking prices in England and Wales fell 0.3% during December, price cuts affected 73,000 homes compared with 175,000 in November, and prices were down 6.0% year-on-year.

  13 January 2009

December 2008

• Home Asking Price Index, December 2008: sellers race to cut home prices

  Asking prices in England and Wales fell 1.2% in November and 6.0% year-on-year, with reductions recorded across all English regions and Wales.

  12 December 2008

November 2008

• Home Asking Price Index, November 2008: asking price cuts deepen

  Asking prices in England and Wales fell 1.3% in October, down 3.7% year-on-year, with 200,000 homes cut in price.

  12 November 2008

October 2008

• Home Asking Price Index, October 2008: 'Bail-out' plans offer hope to sellers

  Asking prices in England and Wales fell 0.1% during September and remain 2.1% lower than a year earlier, despite renewed hope from government bank rescue plans.

  13 October 2008

September 2008

• Home Asking Price Index, September 2008: house price falls accelerate

  Asking prices in England and Wales fell 0.9% in the month and 2.0% over Q3, with Greater London suffering the largest quarterly fall of 3.2%.

  12 September 2008

August 2008

• Home Asking Price Index, August 2008: decrease in house prices shows no sign of abating

  Asking prices in England and Wales fell 0.6% in August 2008, extending a 2.0% annual decline, with falls recorded across all nine English regions and Scotland.

  12 August 2008

July 2008

• Home Asking Price Index, July 2008: market sentiment deteriorates further

  Asking prices in England and Wales fell 0.5% in the month and turned negative year-on-year for the first time since December 2006.

  14 July 2008

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