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UK houses fall most in six years (People's Daily)

Story date: 2008-08-18 07:30:36
Added on: 2008-08-18 19:35:33


UK house prices posted the biggest annual decline in August since at least 2002 as reduced mortgage lending deepened the property slump in London, Rightmove Plc said. The average asking price for a home fell 4.8 percent from a year earlier to 229,816 pounds ($426,929), Britain's most-used property website said in a statement yesterday. On the month, home values fell 2.3 percent, the most since ...


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