Tuesday 22 January 2008

City house prices fall

"HOUSE prices fell in Newport in 2007 for the first time in several years at the end of 2007, one of Britain's largest mortgage lenders says.

The Halifax house price index shows that in Torfaen, Caerphilly and Blaenau Gwent and affluent Monmouthshire the upward trend continues, at 16, 14, six and 10 per cent rises respectively in house prices, with hotspot towns like Ebbw Vale and Pontypool recording 11 per cent increases..."

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