Market Forces at Work to Paint Grim Economic Picture ; Economy
Birmingham Post › August 01, 2008
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Summary
Falling house prices, declining consumer confidence, bank write downs and spiralling energy costs combined to create a grim economic picture yesterday.
The latest survey from the Nationwide Building Society showed house prices falling at a record rate - losing 8.1 per cent of their value during the past year.See the full content of this document
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Market Forces at Work to Paint Grim Economic Picture ; Economy
Nationwide said the slide was the fastest annual rate of decline since it launched its index in January 1991.
It added that prices fell for the ninth month in a r...See the full content of this document
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