08.09.2011 - UK: House prices drop 1.2pct says the Halifax
House prices dropped 1.2% last month, the Halifax said today, ending three months of price rises. The average price of a house fell month-on-month to 161,743 in August, although the "more reliable" quarterly change showed a 1% rise. Martin Ellis, housing economist at Halifax, said prices and activity in the market should be stable over the coming months..............................................Full Article: Source
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