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GBP 300 bln wiped off property values since January

Posted on 08 October 2008

From Estate Agency News: The average value of homes in Britain has been falling by £43.84 every day since the beginning of the year, wiping a staggering £300 billion in value off the housing market since January.

As the property market continues to battle against the fallout from the global credit crunch, the figures from house prices website zoopla.co.uk show that property values in England have fallen £11,343 — or £46.49 per day — on average since the beginning of the year…… Full Article: Source


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