All-Price Property Index in 1st quarter up 1.6% on last year

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All-Price Property Index in 1st quarter up 1.6% on last yearIn the first quarter this year, the All-Property Price Index stood at 154.44, a rise of 1.6 per cent compared to the corresponding period last year.

In the first quarter, the All-Property Price Index increased by 1.6 per cent. This primarily reflected a rise of 1.7 per cent in the apartments index, compared to the corresponding quarter last year. The maisonettes index went up by 6.0 per cent.

The All-Transactions Volume Index showed that the number of transactions in the first quarter of 2012 decreased by 6.7 per cent when compared to the corresponding period last year.

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