Saturday, 5 March 2011

6.1% drop in price of homes in Wales is UK’sworst - Wales News - News - WalesOnline

6.1% drop in price of homes in Wales is UK’sworst - Wales News - News - WalesOnline

House prices in Wales have fallen further than anywhere else in the UK in the past 12 months, according to figures released yesterday.

Average costs fell 6.1% over the year to January, the Land Registry said. They fell 4.2% in January alone.

House prices in England and Wales combined recorded their first year-on-year fall for 15 months during January as the property market continued to come under pressure.

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