The Daily Telegraph - Property - - HOME&AWAY -

£1,750mil­lion To­tal value that houses have lost since spring 2006. 36.5 per cent The drop in the num­ber of new homes built in a year. 1.5mil­lion Num­ber of fore­clo­sures — the le­gal process by which a mort­gage lender takes own­er­ship of a prop­erty af­ter a bor­rower de­faults on pay­ments. The Na­tional As­so­ci­a­tion of Real­tors, a US es­tate agents’ um­brella group, pre­dicts an­other 2.5mil­lion en­ter­ing fore­clo­sure this year. 3,133 Num­ber of homes al­ready seized by lenders in the worst-hit state, Ne­vada.

Sources: NAR, Cax­ton FX for­eign ex­change

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