http://news.bbc.co.uk/1/hi/business/7812108.stm
House prices fell by 15.9% last year, according to the latest survey by the Nationwide building society.
It says prices fell by another 2.5% in December taking the average house price down to £153,048 - £29,000 less than a year ago.
The building society says that as prices have now fallen for 14 months in a row they are 18% lower than their peak in October 2007.
The biggest fall in house prices last year was in Northern Ireland where prices dropped by 34.2%, partly reversing the huge house price boom seen in the previous few years.
In Scotland however, prices were much more resilient, falling by only 8.1%.
Elsewhere in England and Wales the drop in prices was more uniform, ranging from 11% in Northern England to 16.6% in East Anglia.
Prices are still highest in London where they average £257,963.
I wonder how much houses in CyberToryshire rose by last month?
House prices fell by 15.9% last year, according to the latest survey by the Nationwide building society.
It says prices fell by another 2.5% in December taking the average house price down to £153,048 - £29,000 less than a year ago.
The building society says that as prices have now fallen for 14 months in a row they are 18% lower than their peak in October 2007.
The biggest fall in house prices last year was in Northern Ireland where prices dropped by 34.2%, partly reversing the huge house price boom seen in the previous few years.
In Scotland however, prices were much more resilient, falling by only 8.1%.
Elsewhere in England and Wales the drop in prices was more uniform, ranging from 11% in Northern England to 16.6% in East Anglia.
Prices are still highest in London where they average £257,963.
I wonder how much houses in CyberToryshire rose by last month?
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