Thursday, May 31, 2007
Prices are falling! This time it’s confirmed!
House prices are falling in four regions of the country! now that even Daily Rag bleats about it, it's more than confirmed! check the comments! [quote]House prices are falling across wide areas of the country, it has been revealed. This could signal the end of the 11-year property boom. Alarm bells sounded after official figures from the Land Registry showed prices slipping in four of the ten regions into which it divides England and Wales. It is the first time in seven years that prices have fallen in so many areas in a single month. The overall national figure still shows a rise, but this is because the continuing boom in London is seriously distorting the picture. In other parts of the country, the bubble appears to be bursting. [/quote]