Property Prices - Biggest Quarterly Fall In Five Years

House prices in six British regions still haven't climbed past their pre-crisis peak, a new index from IHS Markit and Halifax shows. Property values in Northern Ireland, Scotland, Wales, Yorkshire and Humber, the North and North West are still below levels reached in 2007, before the financial crisis struck. The quarterly data also show that property values have suffered their biggest fall for five years in the period between June and September, the aftermath of the EU referendum decision. In the period between April and June 2016, prices were up 1.6 per cent, the data shows. The current average property price sits at £214,140 compared to £215,168 in the previous quarter, a £1,028 drop. Read more on the thisismoney website.