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UK: House prices fall for 5th month - Hometrack

Posted on 30 November 2010

From Thisismoney.co.uk: November marked a fifth month of falling house prices, according to property information firm Hometrack. The research company said the average cost of a home in England and Wales fell by 0.8% during the month, edging down to £155,000. It followed a 0.9% fall in October.
Hometrack also warned that demand from potential buyers dropped at its fastest pace for nearly two years. Estate agents reported a 4.3% fall in the number of new buyers registering, the steepest decline since January 2009……………………………………….Full Article: Source

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