Steve Lees, Marketing Director of smartnewhomes.com, comments on the proliferation of house price indices:
“Buying a house is in many cases a life-changing decision. Quite rightly, buyers want to have as much information as possible before making that decision. The number of house price indices issued is partly in response to consumer demand for information on what is their biggest financial commitment.
“However, indices need to clearly define how they are calculated and what they show to avoid confusing the public. The smartnewhomes.com New Homes Index is the only reliable indicator of the price of new homes, both nationally and regionally, helping buyers make informed choices about new-build property.”
See Also: Press Releases (371), Property News (6701), New Homes Index (22), House Prices (12)
Date Published: 17 August 2010