House prices down by 0.9%, says Halifax

The Guardian by Hilary Osborne | May. 2, 2008 (News Report)

House prices fell... to end up almost 1% below the level they were at this time last year, the UK's biggest mortgage lender said today.

Halifax's figures show more than £8,000 has been wiped off the average price of a home in the UK since the start of the year.

The lender said a squeeze on spending...and a decline in "real" earnings over the past year were among the factors behind the first year-on-year fall in prices since February 1996. Full Story »

Posted by Beth Wellington

More Info

Tags Help
Subjects: World, Business
Topics: Global Economy, United Kingdom, Real Estate
Editorial Help
Posted by: Posted by Beth Wellington - May 2, 2008 - 5:49 AM PDT
Reviewed by: Beth Wellington (review), Tish Grier (review)
Edit Lock: This story can be edited
Edited by: Beth Wellington - May 2, 2008 - 5:53 AM PDT
Like | | | Comments

To:


Separate email addresses with commas.
25 recipients max.

Note:

Reviews

Show All | Notes | Comments | Quotes | Links
Member_photo_thumb
3.0
 by Tish Grier - May. 2, 2008

A good contrast to what is going on the the U.S. economy. Apparently, we are not alone.

See Full Review » (13 answers)
Member_photo_thumb
3.5
 by Beth Wellington - May. 2, 2008

Fact-filled story which illustrates the economic woes in the housing market are not limited to the US.

Beth posted this story.
See Full Review » (3 answers)

Comments on this story Help (BETA)

Sort by: Oldest | Newest Hide All Replies
NT Rating | My Rating

Ratings

3.0

not enough reviews
from 2 reviews (confidence not calculated)
Quality
3.0
Facts
3.0
Fairness
3.0
Information
3.0
Sourcing
3.0
Style
3.0
Accuracy
3.0
Balance
3.0
Context
3.0
Popularity
3.1
Recommendation
3.0
Credibility
3.5
# Reviews
1.0
# Views
1.0
# Likes
1.0
# Emails
1.0
More
How our ratings work »
(See these related stories.)

Links Help

No links yet. Please review this story to add some!