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London market leads fall in house prices

Series: Financial Times ; 2 March 2001, 2(1)Publication details: 2001Subject(s): Summary: Nationwide has reported a drop of 0.8% in the average price of a home in the UK in February 2001. This represents the sharpest monthly decline in over five years. The building society attributes this fall to a slackening in the London market, and declines in Wales. In contrast 2001 has seen a considerable growth in personal borrowing.
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Item type Current library Call number Copy number Status Barcode
News article London News article WB3710-21 (Browse shelf(Opens below)) 1 Available 111264-1001

Nationwide has reported a drop of 0.8% in the average price of a home in the UK in February 2001. This represents the sharpest monthly decline in over five years. The building society attributes this fall to a slackening in the London market, and declines in Wales. In contrast 2001 has seen a considerable growth in personal borrowing.