Most regions in the UK saw annual property price falls in third quarter of 2012 but London has performed the best with values just 2% below peak. The latest quarterly report from lender the Nationwide shows that average house prices fell by 0.5% and prices are down 1.6% compared with the same quarter in 2011.
England outperformed other regions by a significant margin with prices down 0.3% in annual terms. While Northern Ireland continues to see the largest price falls with prices now down 53% compared with peak levels in 2007...............................................Full Article: Source
|