Tuesday 29 January 2008

House prices fall but shortage underpins market

"Hometrack, the housing intelligence specialist, has published its latest national housing market survey, showing that in January, house prices fell for the fourth consecutive month.

National average values decreased by 0.3%, the same rate as in December, taking the year-on-year rate of growth down to 2.3%, the lowest level recorded since June 2006..."

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