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From: Haim R. Branisteanu5/2/2008 2:05:14 PM
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Homes 'falling £500 a week'
By Harry Wallop, Consumer Affairs Correspondent
Last Updated: 12:01am BST 02/05/2008

Houses are losing almost £500 of their value a week according to a leading survey which has painted the bleakest picture yet for the property market.


Many home owners will be worried by the findings in Halifax's survey

Halifax, the country's largest mortgage lender, said that the average home price has fallen by £8,136 since the start of the year to hit £189,027. The decline in value equates to a fall of £479 a week

telegraph.co.uk
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