The price for houses in the UK has dropped in February for the first time in 10 months

Saturday, Feb 6, 2010 | Post by TudorEstates

February has brought the first decrease in prices for houses in the UK for the last 10 months, based on the large taxes collected for transactions, taxes that discouraged the buyers, according to The Telegraph.

Prices for houses have dropped averagely with 1% compared to January. The Prices are now 9.2% smaller than one year ago and 13% smaller than October 2007, the time of real-estate climax in the UK.
Source: Daily Business

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