House prices in the South West fell by ten per cent in December last year – 10.2 per to be exact, which is the same as the national average.
Shocking, perhaps, then even more shocking was the month-on-month rise of nearly nine per cent throughout 2007. Prices started to take a downturn in the middle of 2008, with October and November each chalking up falls of more than nine per cent.
With average earnings dropping, and the demand for rural homes falling throughout the region, maybe we’ll reach a state of affordable housing by de facto.
posted by Cptn
• How affordable is affordable when it comes to homes?
.
. 
Sign up to the FREE People’s Republic of South Devon newsletter.
. 
Get all the latest, subscribe to the People’s Republic of South Devon .
.
Come and enjoy Devon – book a hotel and get away!
Related posts:
- House prices are falling, but if you work in Devon can you afford to buy in Devon? With the recession and the drop in housing prices...
- Least affordable housing areas in Devon South Hams is the least affordable place to buy a...
- South Devon Green Party plans to reinvigorate affordable home building There’s a lack of affordable housing in rural and...
