Thursday, May 29, 2008
From the 'Property porn channel' !
Channel 4: House prices fall by 2.5%
Homeowners should be braced for more pain after a shock 2.5% fall in house prices during May, experts have warned.
Almost £5,000 was wiped off values after the largest single-month fall in the 17-year history of the Nationwide building society's index.
The average house now costs £173,583 - 4.4% lower than a year ago and the biggest annual decline since December 1992. Prices have fallen for seven months in a row.
Posted by rental john @ 01:30 PM (259 views) Add Comment
1 Comment
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1. Jayk said...
Hmm, I think I've seen this story before. Oh that's right. Ten times today already on this very blog.
PLEASE stop posting stories which have already been posted to death.