House price index November 2008 [electronic resource]
Language: English Series: DCLG House Price Index ; November 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 | 146375-1001 |
Finds that UK house prices have fallen by 8.6% since November 2007. The mix-adjusted house price was £199 732, down from £208 539 in October (not seasonally adjusted). UK house prices fell by 5.4% in the quarter ending October 2008, compared with a fall of 3.6% in the quarter ending August 2008. Average house prices fell by 3.9% in Scotland, and in England (8.7%); Wales (10.1%) and Northern Ireland (16.2%). Annual average house prices paid by first time buyers in August 2008 were 11.8% lower than a year ago. House prices paid by former owner occupiers were 7.4% lower.