House prices fall for ninth month in a row - papers 30 June

The average length of time for a home seller to receive an offer is now 10.3 weeks, up from six weeks this time last year, according to Hometrack, the leading property research firm. The figure is published in its monthly housing survey, which shows that the average property have fallen 3.2% in value compared to a year ago. This is the ninth month in a row that prices have fallen, with the average price now £170,500 – down from £176,100 this time last year. FAMILIES ARE MORE fearful about their financial future than during the depths of the last recession, as they struggle with soarin...