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Price of new build properties have fallen 50pc not 9pc

July 10th, 2009

We were told that house prices started to fall officially in late 2007 but the reality for people who bought new builds is altogether different

Please consider:
Cable gives house price warningVince Cable warns house prices could fall another 20% as negativity surrounding the market shows no sign of lifting. ...
House price falls continue despite increase in activityHouse prices continued to fall during February despite an increase in activity in the market new figures indicate. ...
Prices of new build properties have fallen 50pc not 9pcA flat bought for £246995 in 2006 sold for £120000 earlier this year. ...
Clydesdale Bank offers 100 per cent mortgages on new build propertiesA bank has been accused of allowing home buyers to risk falling into negative equity after it confirmed that it has begun offering 100 per cent mortgages on new build properties. ...
A third of properties for sale see price reductionA third of all properties for sale have seen their prices cut, a new survey suggests. ...

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