Tuesday 22 January 2008

House prices see worst decline in East Anglia

"A new report from the Royal Institution of Chartered Surveyors (RICS) shows that East Anglia is experiencing the worst decline in house prices in the UK, with a fall of 1.3% in the last quarter of 2007, compared to a national average of 0.8%.

Annually, house price growth in the region is 3.9%, below the UK average of 5.3%, according to the Halifax House Price Index. The average house price in East Anglia is £190,984, which is 3% below the national average of £197,071..."

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