Thu, 28 Jun 2012 09:37:24 GMT
UK home prices plunged by 0.6% in June
UK house price dropped by 0.6% this month, sending the yearly price growth to the negative territory of minus 1.5%. Experts clam economic slowdown and end of stamp duty holiday both weighted on the property market. Meanwhile, the prospects of the UK real estate market are likely to remain uncertain; however, government's policies aimed at facilitating lending and tight supplies