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London property prices continue upwards, but most of UK sees values fall

Posted on 04 October 2012

Most regions in the UK saw annual property price falls in third quarter of 2012 but London has performed the best with values just 2% below peak. The latest quarterly report from lender the Nationwide shows that average house prices fell by 0.5% and prices are down 1.6% compared with the same quarter in 2011.
England outperformed other regions by a significant margin with prices down 0.3% in annual terms. While Northern Ireland continues to see the largest price falls with prices now down 53% compared with peak levels in 2007………………………………………..Full Article: Source


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