Friday, February 27, 2009

Almost Caught up Almost

Official figures show 15.1% fall in house prices

The average price of a house in England and Wales fell by 0.8% during January and by 15.1% in the year to the end of the month, according to the latest figures from the Land Registry. The official figures show the average house price now stands at £156,753, down almost £28,000 on January 2008's figure.

Posted by peter_2008 @ 03:34 PM (800 views)
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3 thoughts on “Almost Caught up Almost

  • Wonder what it would be if they included houses sold at auction.

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  • speculatorone says:

    Somebody should tell the estate agents where I live, they are still marketing new properties at silly prices.

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  • Where I live (South Manchester) they are still marketing new build flats “From £159k”, on a main road, near two noisy student pubs. Unsurprisingly, not a drop of activity. Makes you wonder why they didn’t just down tools and suffer early losses. No doubt waiting for this magic “recovery”…

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