Property prices suffer their biggest quarterly fall in five years - and are still below their pre-crisis peak in six regions



House prices in six British regions still haven't climbed past their pre-crisis peak, a new index from IHS Markit and Halifax has shown today.
Property values in Northern Ireland, Scotland, Wales, Yorkshire and Humber, the North and North West are still below levels reached in 2007, before the financial crisis struck.
Worst affected is Northern Ireland, with prices still 40 per cent lower than in 2007. On the flipside, values in London are 35 per cent higher, according to the research.
The quarterly data also shows that property values have suffered their biggest fall for five years in the... read more

 
12 October 2016 in Business, Views: 41
Source: Daily Mail
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