Newsletter
Weather
Community
English home Forum Photo Gallery Features Newsletter Archive   About US Help Site Map
China
World
Opinion
Business
Sci-Edu
Culture/Life
Sports
Photos
 Services
- Newsletter
- Online Community
- China Biz Info
- News Archive
- Feedback
- Voices of Readers
- Weather Forecast
 RSS Feeds
- China 
- Business 
- World 
- Sci-Edu 
- Culture/Life 
- Sports 
- Photos 
- Most Popular 
- FM Briefings 
 Search
 About China
- China at a glance
- China in brief 2004
- Chinese history
- Constitution
- Laws & regulations
- CPC & state organs
- Ethnic minorities
- Selected Works of Deng Xiaoping




Home >> Business
UPDATED: 08:19, June 12, 2007
Interim chairman of Danone's Chinese JV remains absent
font size    

House prices in Britain increased by 11.3 percent year-on-year in April, up from 10.9 percent in March, according to a government survey released on Monday.

The average home cost almost 209,454 pounds (412,625 U.S. dollars) in April, up from 206,890 pounds (407,570 U.S. dollars) in March, with the average house prices in London rising 14 percent compared with 13.9 growth the previous month, the Department for Communities and Local Government (DCLG) survey said.

The DCLG index showed, as in previous months, that Northern Ireland and London saw prices staying above the national average.

The British house price inflation rate for first-time buyers rose from 10.8 percent in March to 11.2 percent in April, while the inflation rate for former owner- occupiers rose from 10.9 percent in March to 11.3 percent in April.

The average price paid by first-time buyers across the country was 159,977 pounds (315,155 U.S. dollars) in April, while the average price paid by former owner-occupiers was 233,726 pounds (226,715 U.S. dollars).

The DCLG figures went against recent surveys by Halifax and Nationwide -- both influential housing information providers -- which have shown a beginning of cooling in house prices.

The DCLG figures have a time-lag, as they are based on mortgage completions.

Northern Ireland saw the strongest house-price growth, shooting up by 54 percent over the past year, the DCLG said.

London continued to drive the growth in England, up 14 percent over the past year. The average price of a home in the capital stood at around 320,000 pounds (630,400 U.S. dollars).

Elsewhere, Scotland has seen a growth of nearly 18 percent in the past one-year period, while Wales nine percent.

Source: Xinhua


Comments on the story Comment on the story Recommend to friends Tell a friend Print friendly Version Print friendly format Save to disk Save this



"Olympic Games in My Heart" English Contest

   Recommendation
- Text Version
- RSS Feeds
- China Forum
- Newsletter
- People's Comment
- Most Popular
 Related News
- Danone and Zong part ways

- Danone takes firms to court in US

- Wahaha accuses Danone of forcing takeover with lawsuit

- Danone turns up the heat

- Danone strikes back at Wahaha

- Repairing relations best choice for venture

- Fight between beverage giants spills out in public

Manufacturers, Exporters, Wholesalers - Global trade starts here.

Dic

Versions:
Copyright by People's Daily Online, all rights reserved