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House prices falling at record 12.2%

Home  Dec, 2008

House prices falling at record 12.2% - The struggling housing market was dealt another blow today as official data revealed that the property crash is accelerating, with prices now falling at an annual rate of 12.2%



House prices falling at record 12.2%  [12/30/2008 01:17 PM]
The struggling housing market was dealt another blow today as official data revealed that the property crash is accelerating, with prices now falling at an annual rate of 12.2%
Euro parity on cards as pound remains weak  [12/30/2008 01:17 PM]
Sterling today remained weak against the euro but, with £1 buying 1.029, was up 0.6 cent since yesterday's dive
Stock market report: Tuesday latest  [12/30/2008 01:17 PM]
09.15:Recent improved demand for raw materials propelled share prices towards a year-end flourish
Middle classes in fear of mortgage crisis  [12/30/2008 01:17 PM]
Two out of five middle-class professionals fear they will struggle to pay their mortgage next year, a poll reveals today
Shops 'will keep on slashing prices'  [12/30/2008 01:17 PM]
Retailers will be forced to offer big discounts long into the new year, experts said today
Over-inflation rail rises a 'national scandal'  [12/30/2008 01:17 PM]
Unions condemned rail bosses for levying maximum fare rises while reaping 'bumper profits' of tens of millions of pounds
Designer clothing chain USC unravels  [12/30/2008 01:17 PM]
Scotland's richest man, Sir Tom Hunter, was dealt another blow by the credit crunch after his designer clothing chain USC fell into administration
£5.7bn scramble to pay off home loans  [12/30/2008 01:17 PM]
Homeowners are ploughing money back into their properties at a record pace in an attempt to slash their debts, official figures show
Lloyds-HBOS merger faces pension hurdle  [12/30/2008 01:17 PM]
The Lloyds TSB-HBOS merger, due to be formally approved in two weeks, faces a fresh legal challenge from the trustees of the HBOS pension fund
Bond yields give £3bn pension fund boost  [12/30/2008 01:17 PM]
Britain's biggest company pension schemes have ended the year with a £3bn surplus despite suffering a dire 2008
NY court move offers hope of Madoff payout  [12/30/2008 01:17 PM]
A court case in New York may offer some hope of compensation for investors who have lost millions of pounds backing Bernard Madoff's allegedly fraudulent scheme
IMF raises spectre of Depression for UK  [12/30/2008 01:17 PM]
The International Monetary Fund last night warned Gordon Brown's strategy of propping up parts of the economy could lead to a trade war
Zavvi vouchers rejected by stores  [12/30/2008 01:17 PM]
People given Zavvi gift vouchers for Christmas will not be able to use them in stores, the retailer's administrator said today
Profit warnings wave to sweep High Street  [12/30/2008 01:17 PM]
The City was today bracing itself for the biggest wave of retail profit warnings in recent history
Israeli attack on Gaza sparks rise in gold and oil  [12/30/2008 01:17 PM]
Oil prices leapt by more than 10% to above $40 a barrel after the Israeli assault on Gaza, with energy chiefs warning the cost of crude could again reach $100
Small shops struggle as sales benefit chains  [12/30/2008 01:17 PM]
Independent retailers today told how they fear for the year ahead as they struggle to match the big discounts of major high street chains
House prices 'set to fall by 12% next year'  [12/30/2008 01:17 PM]
House prices fell by an average 8.7% in 2008 and have a further 12% to fall next year, property information firm Hometrack said today
Insurers facing a legal hurricane  [12/30/2008 01:17 PM]
Sterling's silent devaluation  [12/30/2008 01:17 PM]
Midas share tips: The star of 2008 is... a money lender  [12/30/2008 01:17 PM]
Hetherington 2008: Year of consumer victories  [12/30/2008 01:17 PM]