House prices drop 0.4% annually - ONS

May 23, 2012
House prices in the UK in March were 0.4% lower than 12 months previously, according to the Office for National Statistics. ONS’ figures showed that prices had not moved significantly throughout 2011. Northern Ireland was the exception, suffering a 10.7% fall in a trend of strong falls unchanged since 2008. But one noticeable change was the declining strength of London, …

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