Nationwide says house prices fell another 2.5% in December

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PM-Junkie replied

6 January 2009, 09:35
Naaah...it's all in everyone's imagination. In my neck of the woods, according to figures from the land registry, prices went up in the last quarter by over 7%, and have only dropped by 3.4% in the last year. And they base that stunning conclusion on the massive sum of 350 sales.

What planet are these people on?

http://news.bbc.co.uk/1/shared/spl/h...tml/24up.stm?d
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BrilloPad replied

6 January 2009, 09:04
18% down : only 32% to go then.
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oracleslave replied

6 January 2009, 09:04
Originally posted by DimPrawn View Post

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?

Sky is the limit for that crime free cul de sac.
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DimPrawn started a topic Nationwide says house prices fell another 2.5% in December

6 January 2009, 08:58
Nationwide says house prices fell another 2.5% in December

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?
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