04-04-2012 ThisIsMoney.co.uk - House prices up 2.2% in March Alone.jpg

We were quoted on ThisIsMoney.co.uk concerning the latest property figures from Halifax:

Kristjan Byfield, director of sales and letting agents Base Property Specialists, said: 'The mad spike in March was a combination of extremely low sales volumes still skewing the figures and the brief rush to beat the stamp duty deadline.

'The quarterly change of -0.1 per cent paints a far more accurate picture of the UK property market.

'The danger is that seeing headline price rises like this will make sellers even more unrealistic about their asking prices. People read the headlines, and they act accordingly.

'The truth is that the UK property market is a pastiche of micro markets. Move just three streets to the right and a property can be worth hundreds of pounds per square foot less or more.'

Read the full article.