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UK: House prices fall for seventh time in nine months

Posted on 29 June 2011

Latest Land Registry figures show that house prices fell in every region of England and Wales except London in May, with the number of completed sales falling by 13%. Every region in England and Wales except London experienced falling house prices during the past year, with the average home losing 2.2% of its value, according to Land Registry figures.
It said house prices fell by 0.4% in May – the seventh month-on-month drop in nine months – taking the average house price in England and Wales to £161,823……………………………………….Full Article: Source


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