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- 01/08/2008
House Prices Falling At Record Rate
House prices are falling at a record rate, losing 8.1% of their value during the past year, new figures show. Nationwide Building Society said the slide was the fastest annual rate of decline since it launched its index in January 1991. - 22/05/2008
Agents, Buyers, Sellers & Homeowners Suffering The Credit CrunchThe credit crunch continues to affect the housing market causing great concern for those involved
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- 15/04/2008
House prices are falling at the fastest pace for 30 years.The study showed that prices are falling at the fastest pace for 30 years. It painted a picture of lower prices, few buyers and desperate sellers - with worse to come.
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- 14/04/2008
Falling House PricesFalling house prices, so long predicted, are now with us in earnest. According to the Nationwide house price index, prices have been falling for five months, and the annual rate of increase is down to the lowest figure since 1996.
However, we should expect price falls to accelerate over the next year or two as a slowing economy and a tighter mortgage market make themselves felt on prices that are already high relative to incomes.
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