Tuesday, March 11, 2008
Decade-long house price boom is over
The decade-long house prices boom is over, house prices are falling in many parts of the country at their fastest pace since records began in 1978, a report has warned. Across England and Wales, prices are dropping in every region. And the speed of the decline is at record levels in East Anglia, the South-West, Yorkshire, Humberside and the East Midlands. The report, from the Royal Institution of Chartered Surveyors, is the latest to confirm that the decade-long house price boom is over.