Thursday, September 13, 2007
London down 1.2%
The UK housing market is in trouble. 6 out of the 9 regions in England registered falls this month, with asking prices for homes in Greater London falling fastest of all, by 1.2%, the Home Asking Price Index report revealed today. The overall drop for England and Wales was 0.4%, which equates to a loss of £1,030 in a single month for the average homeowner, while the average London property lost £4,208.