29.10.2010 - UK: House prices drop in value by more than average salary
From Telegraph: House prices are dropping in value by more than a typical annual salary, figures by Nationwide showed today. Britain’s biggest building society said the average price of a home dropped 0.7 per cent this month, the equivalent of £2,376 in a month. It brings the average price of a home to £164,381, down from £166,757 in September..............................................Full Article: Source
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