Gloomy au­tumn for hous­ing mar­ket

Yorkshire Post - Property - - PROPERTY -

THE Ask­ing Price In­dex shows that the av­er­age ask­ing price for homes on the mar­ket in Eng­land and Wales has fallen 0.2 per cent since Au­gust.

Fig­ures for York­shire re­veal a 0.3 per cent drop, while Lon­don prices fell by 0.9 per cent over the last month.

Home prices fell in six out of nine English re­gions dur­ing the last month. Typ­i­cal time on the mar­ket has re­mained es­sen­tially un­changed at 120 days, while sup­ply of new prop­er­ties to mar­ket in­creased slightly to 110,648 in Au­gust, but this fig­ure is 11 per cent less than in Au­gust 2010.

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