Wednesday, Oct 24, 2007
There's no denying it now!
BBC News: Sharp decline in US housing sales
Sales of existing US homes fell 8% to 5.04 million in September, the biggest year-on-year decline for 16 years, said the National Association of Realtors.
The average sales price also fell in September, dropping 4.2% from a year earlier to $211,700 (£103,000). [still cheaper than the UK]
Posted by little professor @ 04:03 PM (312 views) Add Comment
2 Comments
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. Jude said...
Did I read that right?? The average price of a US home is £103000...that's half of what it is here...can't wait until the average price of a UK house is that, then we can all get on with living again.
2. sirgoogle said...
On the radio they were saying that this was the fastest drop since 1929