House prices keep dropping.
July 8, 2008 · Filed Under Property News · Comments Off
House prices fell for an eighth straight month in June to stand more than 7 percent below the peak hit last year, a survey showed on Tuesday which is likely to fan fears the market is on the verge of a crash.
The Nationwide building society said prices fell 0.9 percent last month after a 2.5 percent drop in May which had been the sharpest fall since the series began in 1991.