Monday, October 31, 2011
Et tu, Hometrackus?
"An acceleration in house price falls is predicted this morning in the latest Hometrack report. The survey, covering October, shows house prices tiptoed down 0.2% in the month, after falls of 0.1% in each of the previous five months. The annual fall is 2.8%. There was also an increase in the number of postcode areas where house prices fell, from 25% in September to 34% in October. And for the first time in seven months, Hometrack reports no growth in London house prices." All very reliable!