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UK House price reductions worse in the north of the country

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  • UK House price reductions worse in the north of the country

    2 out of 5 (38.6%) of all properties currently for sale in Britain have had their asking prices decreased at least once since being put up for sale.
    Source: The Big Property List blog, Aug 2011

    Bolton -8.6% on average

    Newcastle-upon-Tyne -8.2%
    Glasgow -8.2%
    Chelmsford -5.5%
    London -6.3%
    Croydon -5.6%

    Its always worse in the North.
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