LONDON (ShareCast) - House prices fell at the fastest annual rate for 16 years in June, but the month -on-month pace of decline slowed, with the latest fall a third of that seen in the previous month. However, the year-on-year decline picked up pace, with June 2008 house prices 6.3% down on June 2007, compared with a 4.4% year-on-year decline in May.

LONDON (ShareCast) - Tougher lending criteria, higher food costs, rising fuel prices and soaring utility bills caused a slump in mortgage lending last month to its lowest level since records began more than a decade ago.

Falling house prices and rising rents mean that first-time buyers are better off entering the property market than continuing to rent long term, according to new research.

Abbey has calculated that those who rent over 25 years lose on average £10,500 compared with those who buy a home. In the south east of England, the loss could amount to £60,000..

So far David Kuo's predictions for 2012 have had good and bad implications for many of us, and his third forecast (which you can read by downloading our free online guide) is no different. With house prices expected to stagnate or fall while wages are predicted to continue to steadily increase, we could expect to see the house price to earnings ratio improve for the first time since 1995.

although the annual rate of growth continued to fall, Britain's biggest mortgage lender says.The average cost of a home in the UK was unchanged during the month

LONDON (Reuters) - Mortgage approvals fell nearly 40 percent to a record low in December, a sign the housing market is slowing sharply due to tighter credit conditions and weaker household finances.

Every other day seems to bring a fresh house price survey, but each often appears to contradict the last.
BBC News asks how house price surveys work and which ones should you trust?

Home sales in England and Wales have soared and prices continue to rise, the Land Registry says.

House price growth picked up in July and the overall market remains "fairly buoyant", according to the Nationwide.