Average house prices in Wales have increased by 23.66% in the past year.
House price percentage rises in Wales have increased well above the UK average
This is over 11% up on the England and Wales national average increase of 12.52% over the same period of April-June 2003.
The average price for a house in Wales in this period was £98,186, compared with £79,397 in 2002.
Blaenau Gwent remains the cheapest place to buy a house with prices actually falling from £41,939
in the second quarter of last year to £41,646.
In contrast, Monmouthshire was the most expensive area in which to buy, with the average price at £147,312.
Cardiff followed at £139,644, the Pembrokeshire average was £108,028, in Conwy it was £108,686 and the Wrexham average was £105,971.
At the other end of the scale, Merthyr Tydfil prices averaged £50,843, Neath and Port Talbot was £61,669 followed by Rhondda Cynon Taff at £63,174.
The Land Registry's quarterly residential property price report said that average prices in England and Wales were 12.52% higher between April and June than they had been during the same period last year.
But the growth rate in slowing - it was 19.7% in January to March compared to the same period last year and 22.2% in the final three months of 2002.
At the same time the volume of sales fell by more than 16% with just 245,632 properties changing hands compared with 293,352 in the same period a year before.
The slowest growth was in Greater London where prices were up by around 6% but the number of sales dropped by more than a quarter to 28,911 from 38,681 a year before.
Despite the slowdown, London remained by far the most expensive part of the country in which to buy with prices averaging £246,710 against a national
figure of £149,935.
After London itself, the south east England was the most expensive region with prices averaging £194,924.
Meanwhile the fastest growth was seen in the east Midlands where prices were up by almost a quarter on the previous year to an average of £120,759.
The most expensive place to buy a house remained Kensington and Chelsea in London where the average home now costs £642,483 followed by the City of Westminster at £459,517.
The most recent survey, June 2003, published by the Royal Institution of Chartered Surveyors reported that housing market activity in Wales was expected to pick up in the summer months.
The Land Registry housing survey is one of several produced
In Torfaen, RICS member E B Morgan said there were a "large number of enquiries from Newport and Bristol, where prospective purchasers were unable to buy at sensible prices."
The firm added that purchasers were looking in the Cwmbran and Pontypool areas and even at the top of the valley where prices were increasing.
In Pembrokeshire, the RICS survey said realistically priced properties were meeting a strong demand.
In Ynys Mon, there was a shortage in the first-time buyer market and a Rhyl RICS member David Jones said first-time buyers were being priced out of the market.