New House Prices Continue to Fall

Summary


New house prices in the West Midlands, London, the South-West and the North last month saw some of the worst falls in the country, it emerged yesterday.

Figures from new homes website SmartNewHomes.com showed that the average price of a new home was pounds 255,327, a fall of 0.2 per cent on September and down 2.4 per cent compared with October, 2004.

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Extract


New House Prices Continue to Fall

In the West Midlands the average price of a new home was pounds 242,028, a fall of one per cent over September and 10.5 per cent compa...

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