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U.K. house prices stagnated in January as demand dropped

Posted on 28 January 2013

U.K. house prices stagnated in January and the number of new buyers looking for homes fell as concern over the euro-area debt crisis and the impact of the government’s fiscal squeeze hit demand, Hometrack Ltd. said.
Prices in England and Wales were unchanged from December, after declining for the previous six months, the property researcher said in a statement today. The number of new buyers registering with agents fell 9.9 percent from a month earlier, while the number of properties listed for sale fell 6.8 percent………………………………………..Full Article: Source


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