Relevant:
- U.K. August House Prices Fall For A Second Month, Hometrack Says
- U.K. May Mortgages Increase; Market Remains `Subdued'
- Global watchdogs rattled by lack of fear in the markets
- U.K. Home Sellers Seek Record Prices on Supply Shortage: Economy
- Loans Have Biggest Weekly Drop Since August Amid Debt Crisis
2010-08-31 — bloomberg.com
"U.K. home values fell in August by the most in 16 months as the housing market endured a “modest re-pricing†that is likely to last as long as a year, Hometrack Ltd. said yesterday. Britain’s economy “remains fragile†and officials may need to expand their emergency stimulus to aid the recovery, Bank of England Deputy Governor Charles Bean said on Aug. 28."
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