Thursday, 10 May 2012

Latest Sri Lanka House Price Index shows mixed patters

The latest house & land Price Index published by shows a mixed pattern with commercial and house prices dropping slights and Apartments enjoying a boom in the price with land values. 

However the Colombo house prices have bucked the trend and continue to increase further. 

Another noticable observation from the stats is that the house and land values in the Northern Province has fallen.  Could this be the end of the Northern province property price boom or just a seasonal blip? We'll have to wait till the next quarter results are out to know for sure. 

The full stats can be found at: LankaPropertyWeb Sri Lanka House Price Index

Lanka Property Watch Staff

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