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House prices 'rising in Wales'

Credit: Andrew Matthews/PA Wire

The Royal Institution of Chartered Surveyors (RICS) says the UK's housing market confidence is picking up following the vote to leave the EU with both property sales and prices expected to increase in the months ahead.

It says in Wales, a net balance of 13% of surveyors reported prices rising rather than falling.

There are clear signs that the housing market is settling down after the initial surprise of the outcome to the EU referendum. Buyer enquiries did dip again in August but only modestly, and more significantly, sales expectations are beginning to edge upwards once again

– Simon Rubinsohn, RICS Chief Economist

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Welsh house prices 'see their biggest monthly fall for 5 years'

Credit: Yui Mok/PA Wire

House prices in Wales have seen their biggest monthly fall for 5 years.

But according to an Acadata survey Torfaen has seen an annual rise of almost 10 percent. The average house price is around 1 hundred and 68 thousand pounds. It also says Merthyr Tydfil has an annual fall of 5.6%, after last months drop of 5.3%.

Monmouthshire leads the table on prices with an average of £242,128. In Gwynedd it's £162,028.

The lowest average price in in Blaenau Gwent at £92,932

Royal Mint revenues soar

Credit: Yui Mok/PA Wire

The Llantrisant - based Royal Mint has notched up the highest revenues in its history after snapping up a greater share of the American silver market.

The 1,100-year-old coin manufacturer says overall company revenues lifted 39% to £360.6 million for 2015/16, as it capitalised on buoyant bullion trading.

It says overall operating profit stepped up by nearly a fifth to £13.1 million, compared to £11.4 million the year before.

It employs 900 at its South Wales site.

Significant growth in our bullion segment has without a doubt contributed largely to this success, but we have seen revenue growth of at least 17% in all three businesses - circulating coin, commemorative coin and bullion.

I am pleased to report too that we have exceeded all four of our ministerial targets for the third year in a row, operationally

– Adam Lawrence, Chief Executive
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