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Halifax: £30k wiped off house prices

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  • Property Prices
    started a topic Halifax: £30k wiped off house prices

    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

  • smartlawyer
    replied
    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!!

    Leave a comment:


  • Ben.Dell
    replied
    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

    Leave a comment:


  • Scott Butcher
    replied
    hahaha, that's quite funny.

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

    Leave a comment:


  • Paul_MN
    replied
    Pretty significant drop, almost moving to a buy one get one free type deal

    Leave a comment:

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