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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 [...]  Home sellers were obliged to reduce their average sale price by nearly £8000 during the last month, recent figures revealed. This of course adds even more troubling news to the severely slumping housing market. The reduction reflects the largest fall since December 2007. Many economists are expecting housing prices will plummet another 10 per cent by [...] There is very little new in reporting that the housing market continues to slump in the UK and that reports keep coming in to support that assumption. Most recently, a poll of surveyors revealed that almost 50 per cent of them attest to the fact that housing prices continue to fall. This is up from [...] Property values in the U.K. are down, with August seeing the most dramatic drop in prices in 16 months. According to analysts, the housing market will undergo a re-pricing that could last up to a year. The average price for homes fell almost half a percent from July. This is the biggest drop on record since [...] Housing prices are dropping again as job uncertainty and the need for high deposits is stopping buyers according to Nationwide. June is the first month that the UK saw a fall in prices since February with the average house price said to fall by about £764. Nationwide stated that the amount of possible new home buyers [...] Surveyors are expecting to house prices continue to fall over the next few months due to the fact that the economy is still uncertain and there is an increase in people selling their homes. The rise in housing supply means that in turn property values will start to fall, which is a shift from a [...] |
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