Tuesday, Dec 11, 2007
Prices of flats and terraced houses are DOWN DOWN DOWN
ThisIsMoney: House price slowdown continues
The Government figures showed the average price of a flat falling by 0.7% during October. Terrace houses values fall by 0.4%, but detached homes saw a 0.8% rise in prices. But do not worry: 'We believe that the downside for house prices will be limited by a lack of supply, the increasing number of households, high employment and the fact that few vendors are currently having to sell for 'distressed' reasons.' Otherwise, the DCLG report is pure genius: "Northern Ireland at 32.5% still has the strongest year-on-year growth in the UK" What a positive spin!
Posted by confused76 @ 09:09 AM (168 views) Add Comment
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