Figures show demand for houses remains high

streetwise Elizabeth Gullen''File photo dated 24/05/06 of a recent Scottish Power energy bill and money. PRESS ASSOCIATION Photo. Issue date: Tuesday September 15, 2009. Inflation slid to its lowest level in almost five years during August, official figures showed today. The Consumer Prices Index (CPI) fell from 1.8% to 1.6% over the month, according to the Office for National Statistics (ONS). It was last lower in November 2004. Unchanged household ENERGY bills this year compared with big hikes 12 months earlier dragged down the rate of inflation, along with falling food prices, the ONS said. See PA story ECONOMY Inflation. Photo credit should read: Andrew Milligan/PA Wire PPP-171004-100100001

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HOUSEBUILDER Persimmon Homes says demand for its homes remains high with forward sales for 2017 already running four per cent higher than at the same point last year.

The company released its trading update for the third quarter, which covers July 1 to November 1.

Managing director Andrew Fuller welcomed a 19 per cent increase in private sales compared to the same period last year.

The company currently has an application to build 119 homes on fields in Cranleigh Road, Portchester, which will go to an independent inquiry in the spring.