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House prices fall for third consecutive month

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  • House prices fall for third consecutive month

    The Halifax has reported that property prices have fallen for the third consecutive month triggering new fears about the condition of the housing market.Britain’s biggest mortgage lender said a 1.1% decline last month marked the first time since early 1995 that prices had fallen for 3 months in a row. It was the biggest monthly [...]

    More: House prices fall for third consecutive month

  • #2
    Might be worth finding out where the Halifax gets the stats from and if this is geographically associated?

    In many areas the prices have not moved, with vendors being more realistic with marketing values. Providing properties still presented to an acceptable standard they may even reach a slight premium compared to similar properties in the area, with a larger number of new builds across the south east, the number of resale’s are still high.
    Regards

    bonettipropertyconsultants.co.uk

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    • #3
      doesnt it slow a bit at this time of year anyway?
      www.gekkoportugal.com
      A guide to buying property in Portugal
      www.chavetejo.com
      INCI Estate Agents, AMI 7856

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