House prices fell 13% in 2012

editorial image
0
Have your say

House prices fell by 13% last year, official statistics revealed.

Many homeowners who bought at the height of the boom in 2007 are now trapped in negative equity, one expert said.

University of Ulster Professor Paddy Gray warned: “It is retaining people in areas they cannot get out of because they cannot sell their properties.”

 

Back to the top of the page