Thursday 29 May 2008

Nationwide report serious house price falls in May

Nationwide have just released their May house price data. This is showing the worst data since their records began and that house price falls are accelerating.

-2.5% for the month of May and -4.4% for the year.

www.nationwide.co.uk/hpi/historical/May_2008.pdf

Looks like Gordon Brown has managed to create a mega bust.

see Sky news breaking news here.

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