08.10.2008 - GBP 300 bln wiped off property values since January
From Estate Agency News: The average value of homes in Britain has been falling by 43.84 every day since the beginning of the year, wiping a staggering 300 billion in value off the housing market since January. As the property market continues to battle against the fallout from the global credit crunch, the figures from house prices website zoopla.co.uk show that property values in England have fallen 11,343 or 46.49 per day on average since the beginning of the year...... Full Article: Source