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UK house prices collapse at record rate

Posted on 07 October 2008

From Cityam.com: A triple whammy of grim economic news descended on an already gloomy UK economic outlook yesterday as data showed house prices had plummeted by their steepest annual rate on record, the availability of credit had slumped while private housing orders collapsed.

House prices fell for the 11th successive month in September recording their biggest annual drop since records began in 1991, according to the influential Nationwide survey….. Full Article: Source


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