House prices fell in 2005 - papers 19th Dec

If accurate, this would be the first full year in which prices have fallen since the last recession, claims the paper. Only three out of 58 areas of the country saw slim rises during the year - central London, West Yorkshire and Derbyshire - according to the Hometrack figures, which cover the 12 months to December. The biggest falls were 7% in Milton Keynes; 6% in Lincoln; 5% in Leicester and 4% in Plymouth. Figures from Hometrack, an online estate agency, have been under scrutiny after seriously underestimating house price growth last year. But the group says its survey of 7,500 estat...