Thursday, April 9, 2009

Downward trend continues

Average house price slumps to 2006 level

House prices in England and Wales fell by 0.9% in March, taking them back to March 2006 levels, shows the latest data from Acadametrics. This represents the thirteenth consecutive monthly price fall, with prices now 13.4% lower than a year ago. All ten regions in England and Wales are showing prices falling on an annual basis and the same is true on a monthly basis apart from Wales.

Posted by jack c @ 12:09 PM (1175 views)
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5 thoughts on “Downward trend continues

  • 13.4% lower, did they collate these results a year ago?

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  • mark wadsworth says:

    Make that “2004 level”!?!

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  • 6s – that acadametrics doc seems to have some strange data… “peak in February 2008 at £231,824.”

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  • no way !!! house prices where i live certainly aren’t falling , in fact i cannot believe the prices people are asking for properties still, unless it is a tatty old terraced house that needs gutting hosr prices have dropped by no more than 10% if you are LUCKY

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