Tuesday, September 14, 2010

Here Comes the Second Drop

Weight of Home Supply Forces Drop

The mix-adjusted average Asking Price for homes on the market in England and Wales dropped 0.5% over the last month. Monthly asking prices fell in 8 out of 9 English regions, Wales and Scotland. Total number of UK properties for sale has increased 15% since September 2009. The number of properties reduced in price during August fell back slightly to 83,000 from a 19-month high of 92,000 during July. Annual change in asking prices: –0.1%. 6-month change in asking prices: -0.1%

Posted by tinecu @ 01:41 PM (699 views)
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