Summary
House prices have been falling faster this year in Birmingham and Coventry than in any other urban centres except for Sheffield and Belfast.
Nationwide reported yesterday that over the first six months Birmingham and Coventry house prices were down nine per cent year- on year, with averages dropping to pounds 166,581 and pounds 158,888 respectively. There was a similar fall in Manchester.See the full content of this document
Extract
Birmingham Leads Housing Nosedive ; Property
Nationwide's chief economist, Fionnuala Earley, said these numbers did not include newly built buy-to-let flats, which some local estate agents say have become a drag...
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