Lightstone - Slowing in House Price Inflation

The latest property indice report from Lightstone shows that there is a slowing in house price inflation. The National house price inflation was recorded at 6.0% at the end of June 2015. 

This figure is slightly down from  previous months’ estimate of 6.1%. This remains in line with what can be seen currently in the rest of the property market. Lightstone reports that the first signs of this reduction in property inflation was first seen in 2013. During this time the Lightstone Luxury value bands inflation peaked at roughly 6.9%

This value band?s year on year inflation has been decreasing by more than 1.0% per annum and is currently at 4.0%. What is striking is that annualised monthly inflation in the luxury segment is currently 0.7%. 

Even though it is not expected that National yearly inflation would reach this level is does show that there are some parts of the property market are trading at a discount.

Click to read the full report

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