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UK: House prices slip again as buyers go missing

Posted on 02 December 2010

From Independent: House prices could fall by 10 per cent over the next year, City experts forecast yesterday, as the latest data from Nationwide Building Society showed that property values slipped a further 0.3 per cent in November. Since the summer, the average British house has lost about £7,000 of its value.
The Nationwide’s house price index has now seen a fall or stagnation in every month since June. Assuming no violent movements in December, prices will end 2010 flat……………………………………….Full Article: Source


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