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Housing market: property prices in Britain's hotspots and notspots

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  • Housing market: property prices in Britain's hotspots and notspots

    The credit crunch is making life tough for property hunters, but there are a few bright patches


    What is the latest on house prices?


    Another tide of bad news washed over homeowners this week, with Communities and Local Government (CLG) figures showing that the value of an average property had dropped to £217,737 in February, the lowest level since last June. Meanwhile, the Royal Institution of Chartered Surveyors (RICS) released its gloomiest survey of the housing market in 30 years. It said that 78.5 per cent more surveyors reported falling house prices last month and that there had been a sharp fall in new-buyer inquiries and agreed sales.

    Is this across the board?

    Which properties are most resilient?

    Why is the mood so bad?

    Any good news?

    Just how big is the mortgage shortfall?

    What's the long-term outlook?

    more information - Housing market: property prices in Britain's hotspots and notspots - Times Online
    Clerkenwell Property | London Property
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