Monday 28 January 2008

More proof of house price slump

"The latest house price data has provided yet more evidence of a slump in the residential property market.

The Hometrack index, published today, shows the average cost of a home in England and Wales dropped by 0.3 per cent in January.

This is the fourth fall in prices in four months, according to the research organisation's figures, and comes after prices fell by the same amount in December 2007..."

Read more here

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