19.01.2012 - UK: Average house prices fall again
House prices have fallen for the second month in a row, with the majority of first-time buyers "stuck" in the rental sector because of the need for large deposits. The LSL Property Services/Acadametrics house price index for November showed prices fell by 0.2%, taking the average house price to 147,202. Figures revealed the price of flats fell by 2.2%, reflecting the struggle faced by first-time buyers. Prices were highest in Edinburgh and Aberdeen, where the average house costs a respective 217,193 and 183,822...............................................Full Article: Source
Print