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Government expects house prices to fall between 5-10% this year

It has become known that the government is expecting house prices in the UK to fall by 5-10 percent this year, after the housing minister Caroline Flint took some papers to a cabinet meeting this week, which clearly indicated this prediction. The secret briefing notes were accidentally revealed by the housing minister, and the notes [...]

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Report shows that house prices continue to plummet

According to recently released figures from the Nationwide Building Society house prices in the UK are continuing to plummet, and the building society has now recorded its worst monthly fall since it began taking records seventeen years ago in 1991. The resulted indicate that the housing market is heading for the worst crisis since the [...]

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Government Figures Confirm House Price Slowdown

The latest house price data shows the merest increase in prices. The report by the Department for Communities showed that an average home in the UK rose in price by just £220 in October, to £220,195. This represents an increase of just 0.1%. Although these figures are slightly out of date compared with others from Nationwide [...]

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London house prices fall

London house prices have fallen backwards for the first time this year. Often seen as the engine of the property market across the country, asking prices in the capital have fallen for the first time in 2007. In London the average asking price was £394,268 in July, up by 23.4% in a year, but down by [...]

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