Saturday, Sep 20, 2008
Knight Frank - "average prices in the Midlands have fallen by 5% since last Autumn"
Mortgagesolutions: New homes in the Midlands at a standstill: Knight Frank
Development of new homes in the Midlands has reached a standstill with severe implications for the long-term economic and social health of the area, according to Knight Frank’s latest Central England residential development review. The firm said the Government’s prediction that housebuilding in the region this year would fall 10,000 short of its target of 41,061 homes was ‘overly optimistic’, as housing starts for the first quarter of the year were around 60% below the required level.
Posted by jack c @ 10:18 AM (226 views) Add Comment
1 Comment
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1. paul said...
I think they've fallen a little bit more than 5% in the last year, according ot the Haliwide (or Halifloyds?) figures.