UK house prices fall 1.9 pct in March, report says

House prices in Britain fell 1.9 percent in March compared to February, the country's biggest mortgage lender said Friday, dampening the optimism over a separate report earlier this week which said property values had edged higher.

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British house prices sink by record amount in 2008

House prices in Britain fell by their biggest annual amount in at least 56 years during 2008, as credit seized up and possible buyers stayed out of the market, a leading mortgage lender said Tuesday.

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UK house prices fell 12.2 pct year-on-year in Nov.

More bad news for Britain's ailing housing market came out Tuesday, as government figures showed that house prices in England and Wales fell by 12.2 percent in November compared to the same month a year ago — the biggest drop since the price survey began in 2000.

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Survey: UK house prices down 9 percent in 2008

House prices in Britain fell by nearly 9 percent in 2008, and are likely to fall further next year as buyers are deterred by the economic slowdown, a leading property researcher said Monday.

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UK home prices to dip 10 pct in '09, say surveyors

House prices in Britain will fall 10 percent next year as banks rein in lending and buyers are deterred by the economic slowdown, a leading surveyors' group forecast Wednesday.

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UK house prices seen falling 10 percent in 2009

House prices in Britain will fall a further 10 percent next year as the recession deepens and exacts a heavier toll on households, a leading housing index predicted on Monday.

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UK house prices fall at fastest rate in 16 years

House prices in Britain fell at their fastest rate in 16 years during November, the country's biggest mortgage lender said Thursday, reinforcing market expectations that the Bank of England will later cut interest rates by at least another percentage point.

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UK house price crash eases in November

The drop in British house values slowed in November, although prices were still nearly 14 percent lower than a year ago as banks curbed lending and worried buyers avoided the property market amid the credit crunch, a housing survey said Thursday.

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British house prices slide again in October

House prices in Britain fell at their fastest rate in five months in October, taking them back to levels they were at three years ago, the country's biggest mortgage lender said Thursday.

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Ed Bowsher chats to Sarah Beeny, presenter of Channel Four's 'Property Ladder' about the housing market, property developing, and her new online venture, Tepilo.

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U.S. single-family home prices in July rose for the third straight month, surpassing forecasts and bolstering the case for housing market stability after a three-year plunge, Standard & Poor's said on Tuesday.

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Commentators have been competing to produce ever gloomier property market prognostications for months, but now we have a clear winner. Last week, City bank Numis Securities trumped all rivals by claiming among house prices would fall by another 55%.

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House prices could slump by another 55 per cent, a respected City forecaster warns. It also predicts a deep recession lasting throughout next year and a 'very real probability' that Britain will go bankrupt.

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As ordinary citizens with no power over the levers of policy, we watch from the sidelines, and weep. The whole global economy has tipped into a downward spiral. Trade and output are contracting at rates that outstrip the leisurely depression of the 1930s.

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House prices rose by 1.9% in January, Halifax said today, putting an end to months of falls and taking many commentators by surprise.

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The government announced at the beginning of September measures to address the problems with the housing market. But we should seriously question what its motives are in doing this.

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The grocery shopper's beloved BOGO -- buy one, get one (free) -- has moved into the realm of home sales. Yes, home sales.

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The decline in the housing market accelerated this month with prices falling at their fastest rate since the recession of the early 1990s.

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The No. 2 market for appreciation was 80212 in northwest Denver, which showed an 18.5 percent rise. It includes neighborhoods such as Sloan's Lake, West Highland and Berkeley.

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The number of million-pound properties sold across the UK rose by more than a third last year. Despite a slowdown in the economy and housing market, 8,257 properties costing £1m or more were sold in 2007, research from Halifax Estate Agents found.

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About 25 executives from Britain's high street lenders, investment banks, hedge funds and insurance companies attended a meeting on 15th April 2008 with Mr Brown to offer suggestions on how to reopen the money markets.

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Following the news that house prices dropped by 2.5% in a single month in March, it seems likely that UK house prices will continue to fall. So how can you take advantage of the slump? MoneyWeek magazine reports.

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Talk of large-scale repossessions and negative equity is sending shivers down ministerial spines (and, no doubt, those of many homebuyers). We have already seen house prices fall faster than at any time since the early 1990s.

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The problems that many families will face because of spiraling mortgage costs should be laid firmly as the door of Gordon Brown.

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House prices are 30 per cent too high in the UK and could soon crash, the International Monetary Fund warned yesterday. After a decade-long housing boom, it fears Britain is one of the most vulnerable countries in the world to suffer a devastating price collapse.

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DECLINING house prices, rising job layoffs, skyrocketing oil costs and a major credit crunch have brought consumer confidence to its lowest point in five years.

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DECLINING house prices, rising job layoffs, skyrocketing oil costs and a major credit crunch have brought consumer confidence to its lowest point in five years.

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The Bank of England joined the Federal Reserve in doling out serious cash in a bid to unblock the credit markets. And all week economic and financial issues dominated the front pages.

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The Irish banking system faces acute strains and may require a phase of temporary nationalisation as the property slump leads to a wave of defaults, according to a leading Irish economist.

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ZipRealty, a San Francisco-based real estate tracking firm that aggregates multiple listing service data, provided us with the number of homes on the market that have been relisted below their initial asking prices.

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This article in the San Francisco Chronicle describes the malpractices and fraud that were involved in the USA property bubble.

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If the property boom isn't over, why can't interior designer Kelly Hoppen sell her much-hyped London flat? MoneyWeek editor Merryn Somerset Webb looks at why it's case of can't buy, won't buy amongst London's wealthy.

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For a man who makes his living selling property, Re/Max founder Dave Liniger is relaxed about the US housing slump. Perhaps that's because he reckons he's seen it all before...

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The latest data on the property market makes grim reading for overstretched homeowners. And with the two key drivers of the market in recent years now disappearing, further falls are on the cards.

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