Tuesday, February 17, 2009

Highest annual DCLG fall on record

House prices falling at record annual rate

House prices dropped by 2.3 per cent during December, pushing the annual rate at which values are falling to a new record high, figures showed today. Homes in the UK lost 10.2 per cent of their value during the 12 months to the end of December, the first time the Department for Communities and Local Government has recorded a double-digit drop since it first started collecting the data in 2003.

Posted by musn't grumble @ 11:26 AM (808 views)
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2 thoughts on “Highest annual DCLG fall on record

  • Funny how the BBC doesn’t pick up on this, even though they were happy to quote DCLG figures when they were still rising.

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  • I agree with Paul. I checked the BEEBs News website and not only this news doesn’t get mentioned on the front page but it can’t be found in the Business section either!

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