House price fall halts for first time in 10 months

The average cost of a home was unchanged from March at £153,100, it said in its latest report.  Prices in London climbed 0.3%. Demand as measured by prospective buyers registering with estate agents has risen 22% so far this year, according to the research company. The rise had eased the downward pressure on house prices along with a recent tightening in available supply, it said. Hometrack's director of research, Richard Donnell, said in the report: "The second half of 2011 is likely to emerge as a new phase where rising supply will constrain any further improvement in pricing lev...