Fear of House Price Crash as Figures Show largest Fall in 27 Years

Published by Mortgage Rates
by by Mark Johnston on Tuesday, 9 October 2010

Fears are still growing of a property price crash as house prices continue to fall. Last month figures dropped by an average of £6,000 for a house in the UK.

The figures published by Halifax showed further decline in the UK market as Septembers figures dropped by 3.6% which was the largest fall since the Halifax started to track house price figures back in 1983. Market analysts are now warning that they are expecting to see further falls to come.

The Halifax suggested …

Tags: analysts, dropped, Halifax, houses, prices, property, uk market

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