Cost of housing falls by 6% over the past two years [electronic resource]
Cost of housing falls by 6% over the past two years [electronic resource]
- 2010
- Halifax Press Release 26 June 2010 .
Housing costs fell by 6% between April 2008 and April 2010. Housing costs in the UK are now equivalent to 27% of gross average full time earnings compared with 30% in 2008. Reduction in costs is mainly due to reduction in average mortgage repayments.
ENGLAND AND WALES
Housing costs fell by 6% between April 2008 and April 2010. Housing costs in the UK are now equivalent to 27% of gross average full time earnings compared with 30% in 2008. Reduction in costs is mainly due to reduction in average mortgage repayments.
ENGLAND AND WALES