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Halifax: £30k wiped off house prices

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  • Halifax: £30k wiped off house prices

    According to the Halifax’s latest survey, house prices continued to fall last month with a 2.2% fall recorded.This takes the annual rate of fall to 13.7% over the past year and according to the lender, the latest fall takes the average home to £168,176, almost £30,000 less than a year ago. Britain’s largest mortgage lender [...]

    More: Halifax: £30k wiped off house prices

  • #2
    Pretty significant drop, almost moving to a buy one get one free type deal
    Free UK Property Investment Seminar


    • #3
      hahaha, that's quite funny.

      I wonder what damage news like this does to general sentiment and in turn house prices.


      • #4
        Originally posted by Paul_MN View Post
        Pretty significant drop, almost moving to a buy one get one free type deal
        Haha, It'd be nice if it was a buy-one-get-one-free deal
        French Mortgage


        • #5
          Sad truth is until the property market recovers, the recession will deepen. The improvement in the property market is key as to what happens in the next 12 months to our economy.

          Those first time buyers who are waiting from a big property price crash will be lucky to find a mortgage without a job as the recession bites.

          Can't wait unti things stabilise and there is light at the end of the tunnel....hopefully it's not an incoming train!!