UK Productivity & Prices Paint Bleak Recovery Picture



House prices in the UK declined further last month according to the Nationwide Building Society. Predicting further price falls, the agency reported the average cost of a home there slipping 0.1 percent to £162,262. Britain’s house prices declined last month and may fall “modestly” this year, because of a weak economic recovery, Nationwide Building Society said.

Rightmove Stats for October Show Boosted Price Index



Statistics from Rightmove in the UK show home pricing up there. Rightmove lists over 90 percent of all the homes for sale in the United Kingdom.

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