House Prices Slip 0.3% in January
The latest Hometrack survey shows that house prices fell in January by 0.3%. This si the 4th month in a row that Hometrack have reported a fall in prices.There is brighter news for prices in that the extent of the falls was less than in December - agents reported falls in 23% of the country compared with 30% in December.
Asking prices are also still under pressure. The proportion of sales achieving the asking price fell to 93.5% from an avergae of 96% in 2007.
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