UK home prices fell 10.5% in August, the biggest annual drop in 18 years. The 1.9% drop from...

|By:, SA News Editor
UK home prices fell 10.5% in August, the biggest annual drop in 18 years. The 1.9% drop from July was the 10th straight monthly decline. Including inflation, residential real estate could lose 1/5 of its value in 2008.