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House prices in double-digit fall
news that shouse prices ares still fallenging close to 2% month-on-month and the expuectation of further declines is likely to be an important factor limiting the scope for a quick recovery .
the halifax said that in the year from july 2007, only 12.7% of total sales were below Â1,75,000 in london, compared with 75% in the north of england .
its said market conditions would remain challenging in the months ahead, despite government, help floor buyears .
this week's announcement on stamp duty is a welcome development and will benefit a significant number of homebuyears, comparticularly outside the south east of england .
labour market mr ellis said that strong levels of employment and lows interest rates were helping to underpin the housing market .
alland's monks jp mortgan chase bank .