Friday, October 10, 2008

Which set of statistics can you believe

House price fall is smallest in seven months

House prices tumbled for the eight month in a row in September, wiping more than £2,000 from the value of an average home, new figures from the Halifax show. The average property price is now £172,108, down from about £200,000 in September last year. This 13.4 per cent annual fall is the largest decline since Halifax's series began in 1983. Prices in the three months to September were 12.4 per cent lower than in the same period last year, which is another record low. This decline in prices has overtaken the 1990s housing market slump, when the longest run of house price falls was seven months.

Posted by eternal sceptic @ 07:13 AM (308 views)
Please complete the required fields.

Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>