House prices continue to fall
House prices continue to fall - During August house prices fell 1.9 per cent according to new government figures released last week.
Unfortunately for homeowners this means that for the year to date house prices stand 4.6 per cent lower than a year ago. What kind of makes things worse is that these figures are based on completed house sales which dosen’t include mortgage lending figures - which are even worse as I’m sure you’ll have already seen double figure percentages quoted in the press!
Basically everywhere in the country saw a decline, lets just hope we can all afford to sit tight and weather the storm.