Friday, August 20 2004 The average property price in the UK fell marginally last month, according to the National Association of Estate Agents with the figure now standing at £207,362, down 0.11% from the previous month. According to the NAEA?s research, annual property inflation also slowed slightly, with estate agents reporting houses have increased in value by an average of 10.3% since July of last year, down 0.1% from the previous month. The NAEA said that estate agents across the country reported a slowdown in activity, with some quoting an average of 5% decrease in the volume of business from the same time last year. Increased interest rate rises and continued speculation over the market is thought to have led to a fall in the number of buyers and houses for sale on agents? books. Estate agents? forecasts are downbeat, according to the research, with business activity anticipated to be down 3.8% by the end of the year, and asking prices expected to fall an average of around 1.55%. Richard Hair, president of the NAEA , said: 'This month?s figures and the feedback we are receiving from estate agents at the front line indicates a definite slowing down in the housing market. However, the downturn we are seeing is not as drastic as some would have us imagine, with a gentle steadying of prices and activity in what is still a strong market.? NAEA
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Can't you hear me S.O.S? Our treasured native dog breeds are at risk of extinctionDo you know your Kerry blue terrier from your Lancashire heeler? A simple lack of publicity is often to blame for some of the UK's native dog breeds flying dangerously low under-the-radar.
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'There are architects and architects, but only one ARCHITECT': Sir Edwin Lutyens and the wartime Chancellor who helped launch his stellar careerClive Aslet explores the relationship between Sir Edwin Lutyens and perhaps his most important private client, the politician and financier Reginald McKenna.
