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Gentle Fall In House Prices August 2011

The Halifax has said that House prices fell by 1.2% in August compared with the previous month with property values expected to remain stable.

The Halifax, now part of the Lloyds Banking Group, said the average home was now 2.6% lower in value than a year ago at an average of £161,743.

The three-month comparison of the previous quarter showed that prices rose by 1% in the latest quarter.

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Added By: gbressington on 07th Sep 2011 at 11:34
Last Updated: 07th Sep 2011 at 11:36

Number of Views: 241

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