Friday, February 29, 2008
From the horse’s mouth
I'm sure there'll be a zillion articles posted on these same set of figures, but here it it straight from the source. In Feb, prices fell for the 4th month in a row, by 0.5%. The average house price fell by £38 per day in Feb. The annual rate of HPI is now less than even the official govt inflation measure, at just 2.7%. The average price was £186,723 in October, but is now just £179,358.