House Prices Fall 1.4 per cent
Published / Last Updated on 09/05/2011
House Prices Fall 1.4 per cent.
Latest figures from Halifax show that house prices fell by 1.4 per cent in April, with the average home now costing £160,395. The latest figures show that weak confidence amongst households, partly due to uncertainty over the economic outlook, is restricting housing demand.
According to Halifax, there are signs that house sales are stabilising albeit at a level lower than the historical average.