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10:03:11 am on February 5, 2008 | # |
HOUSING PRICES FALL IN ENGLAND
Looks like housing troubles have begun to ripple across the pond. Though the Bank of England plans future rate cuts they are going to be less drastic than what’s going on in the US. (pie)
LONDON TIMES: More gloom for the UK housing market came today as figures from the Halifax showed prices were unchanged last month and the three-month trend was down by 1 per cent.
The Halifax numbers follow those from the Nationwide which indicated a 0.1% month-on-month fall in January, the third successive monthly decline. Read More
