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Real Estate News

26
Feb

UK House Prices Fall After 10 Months

Posted by Bernard Coker (0) Comment

UK house prices fall after the freezing weather as well as a lull after the end of the stamp duty dragged prices down, the Nationwide said today.

After a sustained rally from recent lows seen last winter, the Nationwide’s house price index fell by 1% in February, with the average home losing just over £2,000.
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Category : Real Estate News | Blog
24
Feb

New Homes Sales In US Falls In January

Posted by Keith Castor (0) Comment

Sales of new homes in the U.S. unexpectedly fell in January to the lowest level on record, a sign that an extension of a government tax credit may not be enough to rekindle demand.

Purchases declined 11 percent to an annual pace of 309,000, below the lowest forecast in a Bloomberg News survey of economists, from a 348,000 pace, figures from the Commerce Department showed today in Washington. The median sales price dropped 2.4 percent from January 2009 and the supply of unsold homes increased.
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Category : Real Estate News | Blog
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