House prices continue to fall
Thursday 30th April 2009, 10:21AM BST.
House prices fell by 0.4 per cent in April, official figures show.
Nationwide’s figures out today show house prices have now dropped 15 per cent from their value 12 months ago, with the average home now valued at £151,861.
Last month had seen a surprise rise in prices by 0.9 per cent, the first rise witnessed in 16 months. However, for the quarter ending in April, prices fell 3.1 per cent.
Nationwide claims the housing market is continuing to struggle in part due to limited lending from banks.
The building society though welcomed chancellor Alistair Darling’s announcement of an extension of the stamp duty holiday in his Budget last week.
Shropshire Star on Twitter
Keep updated with the latest breaking news and content on our Twitter feed.
Lifestyle
Interactive Dining Out map
Hundreds of reviews by the Shropshire Star and Express & Star's teams to help you decide where to eat.
Entertainment
All the film reviews
Before you plan a trip to the pictures, get our critics' verdicts on all the latest movie releases.
OUR NEW APP
Get the new Shropshire Star app
Download the Shropshire Star’s new app to your iPad or iPhone to get one week of access to our digital newspapers absolutely FREE.
shropshirestar.com
Popular sections
Useful links
