House price index December 2008 [electronic resource]
Language: English Series: DCLG House Price Index ; December 2008Publication details: London DCLG 2009Subject(s): LOC classification:- 333.33 $2 18
| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Book | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 146696-1001 |
Finds that UK house prices have fallen by 10.2% since December 2007. The mix-adjusted house price was £199 337 (not seasonally adjusted). UK house prices fell by 6.4% in the quarter ending December 2008, compared with a fall of 3% in the quarter ending September 2008. Average house prices fell by 6% in Scotland, and in England (10.4%); Wales (10.3%) and Northern Ireland (17.9%). Annual average house prices paid by first time buyers in August 2008 were 13% lower than a year ago. House prices paid by former owner occupiers were 9.2% lower.