Thursday, Apr 09, 2009
Downward trend continues
Mortgagestrategy: Average house price slumps to 2006 level
House prices in England and Wales fell by 0.9% in March, taking them back to March 2006 levels, shows the latest data from Acadametrics.
This represents the thirteenth consecutive monthly price fall, with prices now 13.4% lower than a year ago. All ten regions in England and Wales are showing prices falling on an annual basis and the same is true on a monthly basis apart from Wales.
Posted by jack c @ 12:09 PM (846 views) Add Comment
5 Comments
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1. Nembot said...
13.4% lower, did they collate these results a year ago?
2. 51ck-6-51x said...
http://www.acadametrics.co.uk/FTHPI%20News%20Release%20March%2009.pdf
3. mark wadsworth said...
Make that "2004 level"!?!
4. rumble said...
6s - that acadametrics doc seems to have some strange data... "peak in February 2008 at £231,824."
5. mr messy said...
no way !!! house prices where i live certainly aren't falling , in fact i cannot believe the prices people are asking for properties still, unless it is a tatty old terraced house that needs gutting hosr prices have dropped by no more than 10% if you are LUCKY