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Data from the National Home Survey this month showed that housing prices in the U.K. were down on average by 3.3% across the country as of April 1st, compared to the same month last year. This constitutes the biggest drop since October 2009, when Britain was just beginning to recover from the recession. As of [...]  House prices are still coming down, according to a recent report on property website Zoopla, however, Zoopla thinks this is more as a result of sellers ‘getting real’ about what prices buyers are actually prepared to pay, rather than this being generally indicative of a slump in house prices. On the site in December, there was [...] The largest lender of mortgages in Britain, Halifax, announced housing figures descended to just over £160,000 two months ago, which was 1.3% lower than October and 1.6% lower for 2009′s November. The predictions of economic specialists suggest further descent of the prices in 2011 to near £150,000, due to the worries over the economy. This would [...] |
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