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U.K. home prices post first drop since June, Acadametrics says

Posted on 14 October 2011

U.K. house prices fell for the first time in three months in September as turmoil in financial markets spurred by Europe’s debt crisis undermined confidence, Acadametrics Ltd. and LSL Property Services Plc said.
The average price of a home in England and Wales fell 0.3 percent from August to 218,650 pounds ($343,000), the lowest since June, the groups estimated in an e-mailed report in London today. Prices dropped 2.3 percent from a year earlier……………………………………….Full Article: Source


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