House prices continue to fall
Developers desperate to sell new houses are now trying to hook buyers by providing incentives like property fit-outs and other “add-ons”, as the value of new homes fell by almost 2% in the space of nine months.
While the price slump is bad news for developers and auctioneers, it provides some relief for buyers who have been waiting to get onto the property ladder, or to progress to the next step.
