Thursday, 2 December 2010

House prices slip again as buyers go missing - Business News, Business - The Independent

House prices slip again as buyers go missing - Business News, Business - The Independent

House prices could fall by 10 per cent over the next year, City experts forecast yesterday, as the latest data from Nationwide Building Society showed that property values slipped a further 0.3 per cent in November. Since the summer, the average British house has lost about £7,000 of its value.


The Nationwide's house price index has now seen a fall or stagnation in every month since June. Assuming no violent movements in December, prices will end 2010 flat.

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