Considering that records only started being kept 17 years ago, the situation could even be a great deal worse than that. With house-purchase approvals already at their lowest level on record and executive/consumer confidence in Europe still at a three-year low, the average price of a house has again slipped, marking seven full months of declines and the longest downward slope since the housing recession of 1992. So, do you know how much an average home in the U.K. now costs?
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House Prices Fall At Fastest Pace In 17 Years |
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