| 30.10.2008 - Low sales drive house prices down |
| From BBC: UK house prices continued falling in October and are now nearly 15% lower than a year ago, says the Nationwide. The building society's latest survey says property prices fell by 1.4% this past month, pushing the annual rate of fall up from 12.4% to 14.6%. This means the price of an average house was £158,872 - nearly £30,000 less than a year ago. .... Full Article: Source |