UK house prices fell for a 12th month running in September to stand 6.2 % lower than they were a year ago.
The drop of 1.0 % on the month to 165,300 pounds (decline in August was 0.9 percent).
In August, prices were 5.3 percent lower than a year ago.
On Sept 2, the government raised the threshold above which tax is paid on a home purchase to 175,000 pounds and announced measures to help first-time buyers and those struggling to make mortgage repayments.
Since then, strains in the banking sector have intensified, dealing a further blow to confidence and prompting a number of lenders to raise their mortgage rates.
The survey showed there was a decline both in the number of buyers registering with estate agents and the number of new properties coming onto the market.
Properties in September typically took more than 11 weeks to sell — almost twice as long as last year — and the percentage of the asking price being achieved fell to 90, the lowest level since the survey began.
P.S. If real estate prices in the UK are falling, the real estate prices in Bulgaria are continuing to grow.
1. цены на недвижимость в Болгарии
2. недвижимость в Болгарии от застройщика