‘Housing Prices Have Doubled This Decade’

May 30, 2011 12:34 pm

Well, not in the US, and not ordinary homes either:

“The cost of owning a home by the sea has more that doubled over the past decade, the Halifax bank has said.

It also found that property prices in seven out of 10 seaside towns in England and Wales have seen greater increases than the national average since 2001.

Wadebridge in Cornwall, a few miles inland from the coast, saw the biggest rise in average house prices.

Prices in the town have risen from £100,406 to £370,902.’

Statistics Source: BBC News

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